It will not be the last one Yellowstone viewers see in Season 2.
Resignations on the ranch do not go down like they usually happen elsewhere.
Rip respectfully did as John asked, replete with the ceremonial fistfight.
He had Rip (Cole Hauser, The Lizzie Borden Chronicles) step down from his post as the ranch foreman so that his son Kayce (Luke Grimes, the Fifty Shades franchise) could take over.