WWE executive Frank Riddick departing company

A member of WWE’s executive leadership team is departing the company at the end of this month.

WWE president Nick Khan sent an email to employees on Wednesday announcing that Frank A. Riddick III will be leaving WWE at the end of September. Post Wrestling’s John Pollock shared a portion of the email:

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.

Riddick had been WWE’s chief financial officer since 2021. In his role, Riddick oversaw WWE’s financial planning & analysis, strategy, controllership, investor relations, tax, data analytics, technology, event travel, and facilities departments.

Riddick also served as WWE’s interim chief financial officer for a period of time in 2020.

Riddick was a member of WWE’s board of directors for more than a decade.

The announcement of Riddick’s departure comes one day after Endeavor’s acquisition of WWE was made official. With the deal, WWE and the UFC have been merged into the publicly traded company TKO Group Holdings. Endeavor holds a controlling interest of 51 percent in TKO, with WWE shareholders holding a 49 percent interest.

Riddick received a $5 million bonus with the WWE-Endeavor deal closing.