Shane McMahon Resigns From WWE

Correspondent Written on October 16, 2009

LOS ANGELES, CA - MAY 21: WWE executive Shane McMahon attends Game Two of the Western Conference Finals during the 2009 NBA Playoffs between the Los Angeles Lakers and the Denver Nuggets at Staples Center on May 21, 2009 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevork Djansezian/Getty Images)

(Photo by Kevork Djansezian/Getty Images)

According to WWE.com, Shane McMahon has resigned.

Early this Friday morning, Shane McMahon annouced his resignation, which will be effective on Jan. 1, 2010.

Shane had some very touching words to say on WWE Universe moments ago. There was not much to say about why he was departing. But here are his words that he posted on WWE Universe.

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.

For more information go to WWE.com. We all will miss Shane McMahon with all hearts. Good luck in the future, Shane!

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written on October 16, 2009 Breaking News