Skip to main content
Join

Vince McMahon announces retirement from WWE

ns_headshot_2024-clearby:Nick Schultz•07/22/22•

NickSchultz_7

On3 image
Photo by Ethan Miller/Getty Images

Mr. McMahon is calling it a career. Vince McMahon announced his retirement as chairman and CEO of WWE on Friday.

McMahon, 77, tweeted the news Friday afternoon, thanking the WWE Universe after more than 40 years in control of the company. He then released a longer statement explaining why the time was right for him to call it a career.

“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” Vince McMahon stated. “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.

Top 10

  1. 1

    Ryan Day

    Ross Bjork addresses job security

    New
  2. 2

    Bielema responds to Kiffin

    Illini HC uses Kiffin for CFP case

  3. 3

    OSU/Michigan fined

    Big Ten levies fines for brawl

  4. 4

    AP Poll Top 25

    Big movement in latest Top 25

    Hot
  5. 5

    Neal Brown

    WVU set to fire HC

View All

“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. 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.”

McMahon voluntarily stepped away from his role in June in the wake of an internal investigation into misconduct allegations. His daughter, Stephanie McMahon, and WWE President Nick Khan are serving as co-CEOs and Stephanie McMahon is the current chairwoman.