Wednesday, September 16, 2009

McMahon resigns; will run for Senate

World Wrestling Entertainment, Inc. today announced that Linda McMahon has stepped down as Chief Executive Officer after announcing her candidacy for the United States Senate, representing the state of Connecticut.

Her husband Vince McMahon will assume the duties of Chief Executive Officer in addition to his current position as WWE Chairman. McMahon will be supported by an executive management team already in place and led by Chief Operating Officer and board member, Donna Goldsmith.

McMahon said incumbent Chris Dodd "Has lost his way."

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