It has been noted the merger between UFC and WWE has been completed which ended Vince McMahon’s historic era. Endeavor and WWE made the announcement that the deal has closed leading to the formation of TKO Group Holdings.
Sean Sapp of Fightful recently reported that WWE president Nick Khan sent a memo to employees, announcing the departure of WWE’s Chief Financial Officer and Chief Administrative Officer, Frank Riddick.
Riddick is set to leave the company at the end of the month. The memo praised Frank Riddick’s contributions to WWE, but it also announced his departure.
Before the TKO merger, Frank Riddick was responsible for various aspects, including financial planning and analysis, strategy, controllership, investor relations, tax, data analytics, technology, event travel, and facilities. He was also a voice on WWE’s quarterly investor calls. Riddick received a $5 million post-acquisition bonus after the completion of the Endeavor deal yesterday.
