The announcement comes a month after Vince McMahon stepped down from his duties following reports that he had paid up to $12 million in hush money to former employees.
"Throughout the years it's been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always entertain you," McMahon said in a corporate statement.
"Our global audience can take comfort in knowing WWE will will continue to entertain you with the same fervor, dedication, passion as always," said McMahon."I am extremely confident in the continued success of the WWE and I leave our company in the capable hands of an extraordinary group of Superstars, employees, executives — in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan. I will continue to support WWE in any way that I can.
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