Shane McMahon announced Friday morning that he has tendered his resignation as WWE's Executive Vice Preisdent, Global Media.

Posted by: Wrestling-Radio.com

In a somewhat shocking announcement Shane McMahon is resigning from World Wrestling Entertainment.

From WWE.com:

It is with great sadness that I announce my resignation from the WWE, effective January 1, 2010.

I have never even considered a future outside the walls of the WWE. However, sometimes life takes an unexpected turn and while it is the most difficult decision I have ever made, it is time for me to move on.

First and foremost, I would like to thank my father for the incredible education working with him has provided and for giving me the opportunity to play a role in building WWE into the global phenomenon that it is today. I am extremely proud to have been the 4th generation in this business, and I am grateful for everyday I was able to work along side not only my own, but the entire WWE family.

Thank you to all of the WWE Superstars both past and present for your passion, pride and dedication. You are truly the engine of the organization and it has been a pleasure to work with, learn from and get to know all of you. Thank you for the privilege of sharing the stage with you and for allowing me to become but a momentary member of your elite brotherhood. I have so much appreciation for the many sacrifices you endure, both physically and personally, to make this business the success that it is. The respect I have for each of you is immeasurable.

Finally, there are no words to express my gratitude to WWE fans the world over for supporting this company through good times and bad and for your unbridled passion that fuels the Superstars’ performances. I am profoundly grateful to have been able to entertain you both in front of the camera and from behind the scenes. You are the greatest fans in the world.

I will always love this business and will remain a fan forever.

Shane ________

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hmmmmmmmm he is the future owner of the wwe soo BS in my mind

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Who woulda ever thought!

no way not at all real he will be back wait and see

Why is everyone so sad? He is going to inherit the company with his sis when his father passes on. I am sure he will be back someday.

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bad-numbers-says-it-all.someone-has-to-be-the-fall-guy.mma-has-
taken-over.jmo.

This surely came as a surprise to me!I always thoght he would take over from his dad Vince? Does this mean that Stephanie will be the head of the WWE when Vince resigns

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hmmmmm i guess so pal one hot owner

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