Stephanie McMahon resigns as WWE co-CEO the week after her father Vince returns

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Stephanie McMahon said Tuesday she is stepping down as WWE co-CEO, the week after her father Vince announced plans to return as executive chairman to oversee the next round of rights deals and a potential sale.

The younger McMahon made the announcement via Twitter. Former CEO Vince McMahon resigned in July amid a women’s payout scandal. When he returned last week, he upended the company’s board — adding himself and two allies and removing three other directors — but said he would leave management intact.

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