Vince McMahon Allegedly Resigned From WWE Role Instead Of Retiring

Vince McMahon

Former WWE Chairman Vince McMahon is said to have resigned from his WWE executive duties, rather than retiring as first thought.

The former WWE boss announced his retirement from all WWE duties last Friday but per a WWE SEC filing, he actually resigned instead of outright retiring.

It notes that Vince informed WWE’s Board of Directors of his decision to retire on Friday. McMahon is stated as resigning from his roles as Chief Executive Officer, Chairman, and Director; all other roles, including that of Head of Creative and his spot on the Board of Directors, are included as well:

“On July 22, 2022, Vincent K. McMahon informed the Company and its Board of Directors (the “Board”) of his resignation from his positions as Chief Executive Officer, Chairman and director of the Company, effective immediately.”

Vince McMahon initially tweeted just after 4pm EST that he was retiring, with a WWE press release issued at the same time seeing Vince publicly declare his thanks and gratitude. A memo sent to WWE personnel clarified that Vince wouldn’t be at that night’s SmackDown, ending an era that goes back decades.

Monday has already been a tumultuous day for WWE, with news that Triple H will take up the role as WWE’s new Head of Creative, as well as the official appointment of Stephanie McMahon to Chairwoman, and she and Nick Khan to co-CEO.

More recently, it was unravelled that WWE will restate financial reports following “certain unrecorded expenses” reportedly being issued by Vince McMahon between 2006 and 2022, amounting to over $14 million.

H/T to PWInsider.