Stamford-based WWE's Vince McMahon announces retirement

McMahon posted on Twitter, "At 77, time for me to retire. Thank you WWE Universe."

News 12 Staff

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Jul 22, 2022, 8:34 PM

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Updated 1,084 days ago

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Vince McMahon, chairman and CEO of Stamford-based World Wrestling Entertainment, announced Friday that he will retire.

McMahon posted on Twitter, "At 77, time for me to retire. Thank you WWE Universe."

His announcement comes a month after he voluntarily stepped down from his responsibilities as CEO when an investigation began into misconduct allegations.

According to the Wall Street Journal, McMahon agreed to pay a secret $3 million settlement to a former employee he allegedly had an affair with.

WWE announced on Twitter that Paul "Triple H" Levesque would resume his executive position as EVP of talent relations.