WWE Vince McMahon Official Retirement: Vince McMahon officially retires from WWE
Today, August 24, is a very significant day for professional wrestling. Not only is it Vince McMahon’s 77th birthday, it’s also the day of his official retirement.
From WWE. The company confirmed this decision on July 22 through a statement in which stepahnie McMahon was also announced.
As the new CEO of the company to share her duties with Nick Khan. At 77 years old, it’s time to retire. Thank you WWE Universe. Before now.
Forever Together,” Vince wrote on his official Twitter account, thanking WWE fans for their support in recent years. This news was later.
Reported in the press release: “As I approach my 77th birthday, I feel it is time for me to retire as WWE President and CEO. Our audience can take.
Comfort in knowing that WWE will continue to entertain them with the same fervor, dedication and passion as always. I am confident in the continued.
Success of WWE, and I leave the company in the hands of an extraordinary group of superstars, employees and executives.
Special mention to the new president and co-CEO Stephanie McMahon and co-CEO Nick Khan”. McMahon posted a message on Twitter to confirm his decision.
Indicating that at age 77 it would be time for his retirement. On his day, it was not very clear if this would be the specific date of his final departure,
Although several media confirmed that Vince would carry out his activities until August 24. Others believe that the chairman left his post the same day.
As the statement. Be that as it may, today that symbolic date expires. Vince McMahon’s announcement is tied to the Wall Street.
Vince McMahon Latest News:
Journal’s publication about the bribery scandal in which the chairman allegedly paid several million to keep four women silent. From this investigation.
WWE has been targeted by several law firms. The situation also caused Vince McMahon to step down from his position as creative director, placing.
Triple H in command. As a result of this matter, WWE launched an internal investigation of the financial statements of the years 2006 and 2022.
Search of answers to these irregularities. Included in these irregularities are around $5 million that was donated to the Trump Foundation.
Which included $4 million for Donald Trump’s appearance at WrestleMania 23. A WWE attorney told the Wall Street Journal that the payments to
Trump should have been counted as business expenses because McMahon was the main shareholder and those payments benefited the company.
Vincent Kennedy McMahon’s career started in 1969 under 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 its WWWF wrestling branch.
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 in various ways.
Highlighting his role as Mr. McMahon, emerged at the Montreal Screwjob stage and enhanced in the rivalry with “Stone Cold” Steve Austin.
Vince McMahon has also served as a commentator, promoter, wrestler, in-ring and out-of-ring authority, and creative team member to this day.
