WWE CFO And President Frank Riddick III Leaving WWE After 5 Million Dollar Pay Out For UFC Merger

Frank Riddick III has exited WWE.

It was revealed earlier today by several sources, including Fightful Select, that Frank Riddick III has exited WWE just a day after cashing in a 5 million dollar payout from the UFC merger.

WWE CFO and President Frank Riddick III is leaving the company, Fightful Select has confirmed. Nick Khan addressed several with the company via an internal memo, which you can read below.

“After over thirteen years on our Board of Directors and almost two years after joining WWE full time as our CFO and serving as President/CFO, Frank Riddick will be leaving WWE post the TKO close at the end of this month. Frank is a highly respected colleague, and it has been a pleasure to work alongside him. We are grateful for his counsel, support and dedicated years of service and wish him only continued success moving forward. Nick Khan”

Riddick was bonused $5M for the deal with TKO.

Fightful Select

As noted, Riddick served on the board of directors for thirteen years and was CFO and president for nearly two years.

We will have to wait and see who else will be exiting the company after the TKO merger.

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