WWE sent out the following press release today:
WWE®’s Linda McMahon Resigns to Run for U.S. 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. Vince McMahon assumes the duties of Chief Executive Officer in addition to his current position as WWE® Chairman. McMahon will be supported by the seasoned executive management team already in place and led by Chief Operating Officer and board member, Donna Goldsmith.