Vince McMahon is one of the most influential men in the history of pro wrestling, but his journey seems to have ended after he announced his retirement on July 22nd, 2022. This was a momentous announcement that is still sending shockwaves through the pro wrestling world.
Just after announcing his retirement, McMahon shared his official statement. He is approaching 77-years-old, and his time leading WWE has come to an end. He is very proud of his work in WWE, but did not address the scandal that likely drove him to that decision.
“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” he shared. 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.”
McMahon has also decided to hand over his duties to his daughter, Stephanie McMahon. “Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervor, dedication, and passion as always. 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,” he said in his statement.
McMahon concluded by saying, “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.”
We’ll have to see what the future holds given that McMahon is not in charge anymore. Obviously, big things are changing in Vince McMahon’s former company, and yes, that is very strange to type.
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