Vince McMahon announces retirement from WWE

Vince McMahon issued the following statement today on Friday afternoon:

“As I approach the age of 77, I feel it is time to retire as the Chairman and CEO of WWE.”

“Over the years, it has been a privilege to help WWE bring you joy, inspire you, excite you, surprise you and always entertain you. I would like to thank my family for contributing mightily 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 letting us into their homes every week and being their choice of entertainment. I have the deepest appreciation and admiration for our generations of fans around the world who have loved, currently love, and sometimes even love our form of sports entertainment.

“Our global audience can rest easy knowing that WWE will continue to entertain them with the same fervor, dedication and passion as always. I have great confidence 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 Chairman 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 over the years. After. Now. Always. Together.”

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Vince McMahon announces retirement from WWE