WWE parent company TKO submits filing to confirm Vince McMahon resignation

McMahon announced his resignation on January 26, a day after a lawsuit was filed accusing him of sexual trafficking, abuse and more – you can read the full lawsuit below.
On January 26, WWE’s biggest sponsor Slim Jim announced it was putting its deal with the company on “pause” after the allegations against McMahon came out.
A couple of hours later, McMahon resigned from TKO – where he served as Executive Chairman of the Board – and Slim Jim then announced its partnership with WWE was resuming.

The filing made by TKO today reads as follows:
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 26, 2024, Vincent K. McMahon notified the board of directors (the “Board”) of TKO Group Holdings, Inc. (“TKO”) of his resignation from his positions as Executive Chair and a member of the Board, and any other positions, employment or otherwise, he has at TKO and its subsidiaries, in each case, with immediate effect as of January 26, 2024.

The statement that Vince McMahon released on January 26 was as follows:
“I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth
“I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name.
“However, out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately.”