Following accusations including both inappropriate language and misconduct with students that emerged due to the #SpeakingOut movement, Chikara founder Mike Quackenbush announced on Wednesday he is shutting down the company and resigning as head trainer of Philadelphia’s Wrestle Factory.
The statement read:
“I have been made aware of recent allegations about myself, and people in my employ. I take all allegations seriously – whether they are about me, or members of my team. Addressing these with openness and transparency is of the utmost importance to me. So these matters can be given the proper time and attention, I am discontinuing CHIKARA and resigning as head trainer at the Wrestle Factory. I’ll make a full statement on these matters in the near future.”
Quackenbush (Mike Spillane) has also been a regular guest trainer at the WWE Performance Center.
The news follows several wrestlers announcing they were leaving the company including Hallowicked, Kimber Lee, and Dasher Hatfield. Chikara had been in operation since 2002 following Quackenbush and Reckless Youth (Thomas Carter) opening the Wrestle Factory school.
Last Friday, Chikara announced that wrestler Kobald (Anthony Wilson) was done with the company after claims from several women that he was both physically and verbally abusive.