-

Vince McMahon’s departure listed as resignation and not retirement in legal docs

Vince McMahon’s departure from WWE was listed as resignation in the latest Form 8-K filing with the SEC, contrasting all previous press releases and media announcements that it was just retirement.

The date listed for his resignation is Friday, July 22, and the resignation from his positions as Chief Executive Officer, Chairman and director of the Company, was effective immediately.

The filing also confirmed the appointment by the WWE Board of Directors of Stephanie McMahon as Chairwoman and co-CEO and Nick Khan as co-CEO as well. These appointments came into effect on the same day.

Wall Street has reacted quite positively to the change of leadership, with WWE stocks up nearly 10% in the morning and up to over $70. The removal of Vince McMahon has also fueled more speculation that the company could be sold down the line, something that it was not going to be possible with Vince at the helm.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Lilian Garcia to do ring announcing tonight on NXT

Lilian Garcia will be doing the ring announcing for tonight's episode of NXT on The CW, temporarily replacing Mike...

SummerSlam 2026 photo ops and autographs now available for sale

WWE has launched the photo and autograph ops for SummerSlam weekend in Minnesota which are now for sale through...

AEW files lawsuit against Queen of the Ring movie production company over unpaid sponsorship fees

Brandon Thurston is reporting via PostWrestling.com that AEW is suing Ring Productions LLC, the company behind the production of...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading