Vince McMahon is resigning.
WWE President Nick Khan sent out an email to staff to announce that Vince McMahon has tendered his resignation as TKO Executive Chairman and on the TKO Board of Directors.
Khan's message:
I wanted to inform you that Vince McMahon has tendered his resignation from his positions as TKO Executive Chairman and on the TKO Board of Directors. He will no longer have a role with TKO Group Holdings or WWE.
Nick Khan
Major news. Vince McMahon resigned from all roles with TKO.
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) January 27, 2024
The following was sent to some staff pic.twitter.com/kTZbpooTu7
On Thursday, a lawsuit was filed by Janel Grant against Vince McMahon, WWE and former executive John Laurinaitis. The lawsuit accuses McMahon of sex trafficking, emotional abuse, and sexual assault.
The lawsuit included disturbing details of how Janel was treated sexually, physically, mentally, and emotionally.
McMahon has denied the allegations and said, through a spokesman, that he will vigorously defend himself.
McMahon retired at WWE CEO in June 2022 after allegations of hush money and sexual misconduct were reported. He returned as a member of the board of directors in January 2023. WWE merged with UFC to form TKO in April 2023 with the deal becoming official in September 2023. McMahon was named the Executive Chairman of TKO at the time.
