Vince McMahon Announces Retirement From WWE

Many people have wondered if Vince McMahon would ever officially retire from WWE, but that question has finally been answered. Today Vince McMahon confirmed that he is retiring at 77 years old when he posted the following on Twitter:

“At 77, time for me to retire. Thank you, WWE Universe. Then. Now. Forever. Together. #WWE #thankful”

Vince McMahon stepped down from his position as Chairman and CEO of WWE a number of weeks ago after it was reported that he was being investigated by the WWE Board of Directors. Stephanie McMahon was named interim Chairwoman and CEO, and today it was announced that Stephanie will continue in her role as Chairwoman and she will move forward as Co-CEO with Co-CEO Nick Khan.

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

“Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervor, dedication, and passion as always,” McMahon added. “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.”