Vince McMahon

Vince McMahon, chief executive officer and chairman of World Wrestling Entertainment announced his retirement on Friday at the age of 77. In a tweet posted ...

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Vince McMahon, WWE's chairman and CEO, announced his retirement Friday, following a sexual misconduct probe the company began in April.

Based on his real life, the persona was known for villainous storylines, most famously opposite Austin. McMahon was at the helm of WWE for decades, leading it to millions of viewers and more than $1 billion in revenue last year, a first for the company. That same month, Laurinaitis, a former wrestler whose ring name was Johnny Ace, was placed on administrative leave as a result of the allegations.

“As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE. Throughout the years, it's been a privilege to help WWE bring you joy ...

Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. 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. All other trademarks, logos and copyrights are the property of their respective owners. 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.

The Wall Street Journal reported McMahon agreed to pay millions over the past 16 years to suppress allegations of sexual misconduct.

In a WWE news release, the 76-year-old McMahon further announced that his daughter, Stephanie, and current WWE president Nick Khan will be taking over as co- ...

The feud helped WWE overtake WCW, the rival promotion that WWE later purchased. The newspaper reported that the board was investigating $12 million given to four former WWE employees or contractors to silence allegations about McMahon's sexual misconduct. "As the majority shareholder, I will continue to support WWE in any way I can. However, on June 17, McMahon stepped down from his role as chairman and CEO in the wake of a Wall Street Journal report that revealed a WWE board investigation into a secret $3 million settlement given by McMahon to a former WWE paralegal. It was also announced by WWE on Friday that McMahon's son-in-law and Stephanie's husband, Paul "Triple H" Levesque, was returning to the company as head of talent relations, though it was immediately unclear if that is related to McMahon retiring. "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.

The resignation comes one month after the pro wrestling magnate agreed to take a break from his role as CEO of WWE as the company investigated misconduct ...

Few CEOs are as closely associated with a product as McMahon is to pro wrestling. “Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervor, dedication, and passion as always," according to the elder McMahon. "I am extremely confident in the continued success of WWE." Back on June 17, McMahon had surrendered his CEO role as the WWE board of directors appointed McMahon’s daughter, Stephanie McMahon, as interim CEO and chairwoman until the probe’s conclusion.

STAMFORD, Conn., July 22, 2022 – Vince McMahon today released the following statement: “As I approach 77 years old, I feel it's time for me to retire as ...

Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. 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. All other trademarks, logos and copyrights are the property of their respective owners. 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.

McMahon is the most recognisable face at WWE, which he purchased from his father in 1982. He has reportedly agreed to pay more than $US12 million over the ...

In a brief statement issued by WWE, McMahon said he was retiring as the company's chairman and chief executive. He purchased the company from his father in 1982, then called the World Wrestling Federation, when wrestling in the United States was territorially based. McMahon has said he was cooperating with the company's investigation.

Reports earlier this month said McMahon agreed to pay $12m to suppress allegations of sexual misconduct and infidelity.

McMahon stepped down temporarily as CEO and chair of WWE in mid-June during an investigation into alleged misconduct. McMahon has been the leader and most recognisable face of WWE for decades. In a brief statement issued by WWE, McMahon said he is retiring as the company’s chair and CEO. He remains its majority shareholder.

World Wrestling Entertainment (WWE) boss Vince McMahon, who turned the firm from a regional player to global giant, says he will retire amid a flurry of ...

But the organisation underwent a seismic change under his management, with events like WrestleMania, a live event featuring the sport's top stars, drawing in millions of viewers. He was replaced as acting CEO and chairperson by his daughter. Then. Now. Forever. Together."

She spoke about her father, his retirement, and his thanks for the members of the WWE Universe. She was interrupted by fans chanting “Thank you, Vince!”.

The McMahon family and Stephanie herself have been a part of wrestling for decades, spawning such brands as Raw, NXT, and SmackDown. Although challenged by upstarts, the WWE’s pay-per-view events are still huge draws, and the television shows are consistent ratings winners. Stephanie McMahon’s Friday appearance again topped the ratings, bringing in an 0.6 rating in the adults 18-49 demo to easily top the field for Fox. Hours after Vince McMahon’s retirement as CEO from his WWE empire, his daughter, Stephanie McMahon, passed along her father’s thanks to fans in a live appearance on Fox’s WWE Friday Night SmackDown.