Vince McMahon Retirement: Know what are the reasons behind him stepping down


Vince McMahon Retirement: Know what are the reasons behind him stepping down

The world of professional wrestling has just received some shocking news in the form of Vince McMahon’s retirement. The former president of WWE and current head.

The creative team on television used his social networks to announce his departure from the company. This includes his role as president.

CEO and leader of the creative team for the television shows. “At almost 77 years old, it’s time to retire,” Vince said on his official Twitter account.

Thanking WWE fans for their support in recent years. Vince McMahon will turn 77 on August 24, the date from which his decision.

Could be definitively reflected. Moments after this publication, the company’s corporate website published a press release confirming the news.

“As I approach 77 years of age, I feel that it is time to retire as president and CEO of WWE,” says Vince in the press release.

“Our audience can take comfort in knowing that WWE will continue to entertain them with the same zeal, dedication and passion as always.

I am confident in WWE’s continued success, and I leave the company in the hands of an extraordinary group of Superstars, employees and executives.”

Special thanks to new President and Co-CEO Stephanie McMahon and Co-CEO Nick Khan.” Vincent Kennedy McMahon’s career began in 1969 under.

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The wing of his father Vincent J.. After graduating from East Caroline University, Vince began taking on the job of an announcer.

At Capitol Wrestling Corporation, more specifically in their WWWF wrestling arm. After assisting his father and gaining power for nearly two decades.

McMahon decided to buy CWC in 1979 and found Titan Sports a year later. This company would be the base of the now renowned WWF, where Vince served as.

A commentator, promoter, fighter, authority inside and outside the ring, and member of the creative team to date. It is impossible not to link this news.

With the recent scandals that have surrounded the figure of Vince McMahon in recent weeks. After revealing a diversion of WWE funds

Towards DNA payments (Non-Disclosure Agreements, or confidentiality agreements), a new report from the Wall Street Journal revealed.

That the former WWE CEO came to invest more than twelve million dollars after of engaging in inappropriate conduct.

With four female employees of his company. Several reports assured that more information about the case would come to light in the coming days.