VinceMcMahon steps aside as WWE CEO as board probes alleged misconduct
Vince McMahon has “voluntarily stepped back” from his responsibilities as WWE CEO and chairman while the board of directors investigates claims of misconduct against the exec, the company said Friday. The board of WWE has launched an investigation into allegations that McMahon offered a $3 million settlement to a former female employee with whom he […]
as WWE’s chief brand officer to “focus on my family.”Vince McMahon will retain his role and responsibilities related to WWE’s creative content during the investigation and remains “committed to cooperating with the review underway,” the company said Friday. The board also is investigating alleged misconduct by John Laurinaitis, WWE’s head of talent relations.
In a statement, Vince McMahon said, “I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are.”