Vince McMahon’s retirement from pro wrestling sent the pro wrestling world into a frenzy. McMahon made the announcement via Twitter and named Stephanie McMahon and Nick Khan as co-CEO’s.
PW Insider reported that Vince took the decision to retire out of his own choice and made it about a week or as far as 10 days ago. The former WWE chairman also sent out an internal memo to all WWE employees regarding his retirement.
“We are told that the decision was made to place Stephanie McMahon and Nick Khan into the co-CEO role shortly after it was clear that McMahon would be exiting. The timing of releasing it on a Friday afternoon was obviously to blunt any negative fallout in terms of media and stockholder response.”
WWE locker room had a pretty positive reaction to the news of Vince McMahon’s retirement. The emotions ranged from surprised to excited because many performers are anticipating what’s next to come.
Many things from the management to how the in-ring talent conducts itself are expected to change in the wake of Vince McMahon’s retirement.. Ringside News will keep you updated on the situation. Stay tuned.
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