WWE Co-CEO Stephanie McMahon Resigns, Vince Returns as Executive Chairman

Stephanie McMahon attends the premiere of 20th Century Fox's "Stuber" at Regal Cinemas L.A. Live in Los Angeles on July 10, 2019. Rodin Eckenroth/Getty Images

World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role.

Nick Khan will serve as the new WWE CEO, the entertainment firm added.