WWE’s parent company TKO is losing one of the executives who helped bring WWE and UFC together. Seth Krauss, who played a major role in the $21 billion merger that created TKO in 2023, has announced he’s leaving the company. His final day is set for January 15, 2027.
Krauss announced his departure on LinkedIn, revealing that he’s preparing to leave after more than 12 years with Endeavor and TKO. He thanked his colleagues and said he’ll have more to share about his future soon.
“The time has come to turn the page. While I will have more to say about my future soon, I wanted to take a moment to express my deep appreciation for all those colleagues (current AND former), partners and clients that have made the last 4500+ days an amazing journey. I’ll be transitioning out over the next couple of months, and hope to connect with as many as I can to say thank you. I am proud of what we accomplished and excited for the future here even as I move on to other adventures.”
Krauss will be leaving in January. However, he’s already stepped down from his executive role. A company filing with the SEC shows that he notified TKO of his decision on October 29 and officially stepped down as Chief Administrative Officer and Senior Counsel on November 4. He’ll remain with the company as Senior Counsel until January 15.
Krauss has been with Endeavor since 2014 and was heavily involved in putting together the WWE-UFC merger. He took on a major legal and administrative role at TKO when the company was formed in September 2023.
What’s interesting is that Krauss wasn’t supposed to be leaving this soon. As Ringside News previously covered, he signed an employment agreement in January 2024 that was set to run through December 2027. The deal included a $2 million annual salary and a target annual bonus of another $2 million.
Now he’s leaving nearly a year before that agreement was scheduled to expire. Krauss hasn’t revealed why he decided to leave or what he plans to do next, and TKO hasn’t announced who will take over his former responsibilities.
Krauss spent years helping build the business behind WWE and UFC, including the merger that changed both companies. Now he’s walking away from TKO, and the company will have to move forward without one of the executives who helped put it together.
What do you think about Seth Krauss leaving TKO before his contract was scheduled to end? Do you think his departure could lead to more changes behind the scenes? Let us know in the comments below.
