{"id":123513,"date":"2023-01-10T18:29:37","date_gmt":"2023-01-11T00:29:37","guid":{"rendered":"https:\/\/prowrestling.net\/site\/?p=123513"},"modified":"2023-01-10T18:29:37","modified_gmt":"2023-01-11T00:29:37","slug":"vince-mcmahon-unanimously-elected-executive-chairman-of-the-board-nick-khan-named-ceo","status":"publish","type":"post","link":"https:\/\/prowrestling.net\/site\/2023\/01\/10\/vince-mcmahon-unanimously-elected-executive-chairman-of-the-board-nick-khan-named-ceo\/","title":{"rendered":"Vince McMahon unanimously elected Executive Chairman of the Board, Nick Khan named CEO"},"content":{"rendered":"<div id=\"prowr-2752342634\" class=\"prowr-apple-podcast-button-link prowr-entity-placement\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/pro-wrestling-boom-podcast\/id1365989370\" aria-label=\"SUBSCRIBE IN APPLE PODCASTS\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?fit=320%2C78&#038;ssl=1\" alt=\"SUBSCRIBE IN APPLE PODCASTS\"  srcset=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?w=320&ssl=1 320w, https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?resize=300%2C73&ssl=1 300w\" sizes=\"(max-width: 320px) 100vw, 320px\" width=\"320\" height=\"78\"   \/><\/a><\/div><p><b>By Jason Powell<\/b>, ProWrestling.net Editor (<a href=\"https:\/\/twitter.com\/prowrestlingnet\" target=\"_blank\" rel=\"noopener\">@prowrestlingnet<\/a>)<\/p>\n<p><i>WWE issued the following press release on Tuesday to announce that Vince McMahon has been unanimously elected Executive Chairman of the Board and Nick Khan has been named CEO.<\/i><\/p>\n<p>STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; WWE (NYSE: WWE) today announced that its Board of Directors unanimously elected Vince McMahon Executive Chairman of the Board.<\/p>\n<p>Stephanie McMahon has resigned from her roles as Chairwoman and Co-CEO.<\/p>\n<p>Nick Khan will serve as WWE CEO.<\/p>\n<p><b><span class=\"bwuline\">Vince McMahon:<br \/>\n<\/span><\/b>\u201cFirst, I\u2019d like to express my full support for Stephanie\u2019s personal decision. I\u2019ll forever be grateful that she offered to step in during my absence and I\u2019m truly proud of the job she did co-leading WWE. Stephanie has always been the ultimate ambassador for our company, and her decades of contributions have left an immeasurable impact on our brand.<\/p>\n<p>\u201cI\u2019m proud to announce that Nick Khan will serve as WWE CEO. Nick\u2019s business acumen and mastery of the media industry have helped catapult our business to record revenue and profitability. Together, we look forward to working with the Board at this critical moment in time to review our strategic alternatives and maximize value for all WWE shareholders.\u201d<\/p>\n<p><b><span class=\"bwuline\">Stephanie McMahon:<br \/>\n<\/span><\/b>\u201cI cannot put into words how proud I am to have helped lead what I consider to be the greatest company in the world and I am confident WWE is in the perfect position to continue to provide unparalleled creative content and drive maximum value for shareholders.\u201d<\/p>\n<p><b><span class=\"bwuline\">Nick Khan:<br \/>\n<\/span><\/b>\u201cStephanie McMahon is a terrific executive and an even better person. It has been an honor to serve as Co-CEO with her. She will only continue to succeed.<\/p>\n<p>\u201cI\u2019m grateful to Vince McMahon and our Board of Directors for their ongoing support. I look forward to continuing to work closely with them and my WWE colleagues to ensure our company may thrive as the premiere powerhouse in sports entertainment for years to come.\u201d<\/p><div id=\"prowr-1032395403\" class=\"prowr-content-4 prowr-entity-placement\"><!-- Tag ID: prowrestling_incontent_2 -->\r\n<div align=\"center\" data-freestar-ad=\"__336x280 __336x280\" id=\"prowrestling_incontent_2\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"prowrestling_incontent_2\", slotId: \"prowrestling_incontent_2\" });\r\n  <\/script>\r\n<\/div><\/div>\n<p><span style=\"text-decoration: underline;\"><strong>Powell&#8217;s POV:<\/strong><\/span> How quickly things change. The previous version of the board determined that McMahon coming back would not be in the best interests of the shareholders. It&#8217;s a new board now with two resignations combined with Vince, George Barrios, and Michelle Wilson replacing three previous board members.<\/p>\n<div id=\"prowr-3554687078\" class=\"prowr-after-content prowr-entity-placement\"><a class=\"spreaker-player\" href=\"https:\/\/www.spreaker.com\/show\/pwboom\" data-resource=\"show_id=3275525\" data-theme=\"light\" data-playlist=\"show\" data-width=\"100%\" data-height=\"340px\">Listen to \"Pro Wrestling Boom Podcast\" on Spreaker.<\/a><script async src=\"https:\/\/widget.spreaker.com\/widgets.js\"><\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>By Jason Powell, ProWrestling.net Editor&#8230;<\/p>\n","protected":false},"author":5,"featured_media":2747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[50,2,4],"tags":[521,1746,3600,271,56,101],"class_list":["post-123513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mustreadarticles","category-newsticker","category-wwe_news","tag-george-barrios","tag-michelle-wilson","tag-nick-khan","tag-stephanie-mcmahon","tag-vince-mcmahon","tag-wwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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