Post by Peep's Naitch on Jul 22, 2022 15:47:10 GMT -5
That is not a typo. Former CEO of World Wrestling Entertainment Vince McMahon has announced on Twitter that he is retiring from WWE.
Here is his quote:
“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” McMahon said in a statement released by the sports entertainment company. “Throughout the years, it’s been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always entertain you. I would like to thank my family for mightily contributing to our success, and I would also like to thank all of our past and present Superstars and employees for their dedication and passion for our brand. Most importantly, I would like to thank our fans for allowing us into your homes every week and being your choice of entertainment. I hold the deepest appreciation and admiration for our generations of fans all over the world who have liked, currently like, and sometimes even love our form of Sports Entertainment.”
He continues:
“Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervor, dedication, and passion as always,” McMahon continued. “I am extremely confident in the continued success of WWE, and I leave our company in the capable hands of an extraordinary group of Superstars, employees, and executives – in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan. As the majority shareholder, I will continue to support WWE in any way I can. My personal thanks to our community and business partners, shareholders, and Board of Directors for their guidance and support through the years. Then. Now. Forever. Together.”
This is all breaking within the last 30 minutes. Vince stepped down as CEO last month amid scathing scandals of multi-million dollar payouts to several women in his company as hush payments to conceal multiple affairs as per reports from the Wall Street Journal. It was also announced earlier that Paul Levesque (HHH) would return as head of Talent relations. AS alluded to, Vince's daughter, Stephanie, will assume the role of co-CEO, as she has been interim CEO since her father stepped down and will shared those duties along with WWE President Nick Khan.
Vince has been in control of WWE since 1982, when it was then known as World Wresttling Federation. Lot's of moving parts happening as the news breaks. But this has been a moment that the company has been on the verge of dealing with; life AFTER Vincent Kennedy McMahon.
Credit:
variety.com/2022/tv/news/vince-mcmahon-retirement-wwe-1235323378/
Here is his quote:
“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” McMahon said in a statement released by the sports entertainment company. “Throughout the years, it’s been a privilege to help WWE bring you joy, inspire you, thrill you, surprise you, and always entertain you. I would like to thank my family for mightily contributing to our success, and I would also like to thank all of our past and present Superstars and employees for their dedication and passion for our brand. Most importantly, I would like to thank our fans for allowing us into your homes every week and being your choice of entertainment. I hold the deepest appreciation and admiration for our generations of fans all over the world who have liked, currently like, and sometimes even love our form of Sports Entertainment.”
He continues:
“Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervor, dedication, and passion as always,” McMahon continued. “I am extremely confident in the continued success of WWE, and I leave our company in the capable hands of an extraordinary group of Superstars, employees, and executives – in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan. As the majority shareholder, I will continue to support WWE in any way I can. My personal thanks to our community and business partners, shareholders, and Board of Directors for their guidance and support through the years. Then. Now. Forever. Together.”
This is all breaking within the last 30 minutes. Vince stepped down as CEO last month amid scathing scandals of multi-million dollar payouts to several women in his company as hush payments to conceal multiple affairs as per reports from the Wall Street Journal. It was also announced earlier that Paul Levesque (HHH) would return as head of Talent relations. AS alluded to, Vince's daughter, Stephanie, will assume the role of co-CEO, as she has been interim CEO since her father stepped down and will shared those duties along with WWE President Nick Khan.
Vince has been in control of WWE since 1982, when it was then known as World Wresttling Federation. Lot's of moving parts happening as the news breaks. But this has been a moment that the company has been on the verge of dealing with; life AFTER Vincent Kennedy McMahon.
Credit:
variety.com/2022/tv/news/vince-mcmahon-retirement-wwe-1235323378/