WWE Statement On Shane McMahon’s Resignation

WWE released this statement today regarding Shane McMahon’s resignation.

STAMFORD, CT – Shane McMahon, Executive Vice President of Global Media, announced today he has tendered his resignation effective January 1, 2010.

Shane stated, “It has been an incredible experience to help build WWE® into a global phenomenon. However, having been associated with this organization for the majority of my life, I feel this is the opportune time in my career to pursue outside ventures.”

“Even though I am personally saddened by Shane’s decision to leave the company, I am proud of the enormous contributions he has made. He will unquestionably bring passion, commitment and extensive business experience to any endeavor he pursues,” said Vince McMahon, WWE Chairman and CEO.