syxxpakk wrote:LOL. Not having an everyday role in the company doesn't equal quitting, either. It even says in the press release he's still the Principal Executive Officer.
John Laurinaitis is no longer VP of Talent Relations, but he still works for WWE. Did he quit or was he fired? No, he was demoted, but he's still employed. The same applies here. Shane stepped down, but he hasn't quit.
Like I said, It sounds like a BS title. He probably still has a decent stake in the company, which entitles him to some kind of title, regardless of how much control of the everyday running of the company he actually has.
What I get from the PR is that the company is that the more of the everyday running of the company is going to be going on inside the borders of China, as opposed to in the US where Shane was running things. (It was apparently HQed in Colorado up to this point). I get the idea Shane won't be making the move to China anytime soon.