WWE CEO Vincent McMahon Stepping Back Amid Misconduct Investigation

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WWE CEO Vincent McMahon Stepping Back Amid Misconduct Investigation

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Vincent McMahon has actually left his function as head of World Wrestling Entertainment.

On June 15, the Wall Street Journal, mentioning files and individuals knowledgeable about the matter, reported that the WWE board was examining McMahon’s declared $3 million settlement that prohibited a female paralegal from discussing their declared affair.

Two days later on, the business and its board revealed in a news release acquired by E! News that McMahon– the chairman and CEO– has “voluntarily stepped back” from his functions up until the examination concludes.

WWE stated an unique committee of the board is “conducting an investigation into alleged misconduct” by McMahon along with head of skill relations John Laurinaitis

“McMahon will retain his role and responsibilities related to WWE’s creative content during this period,” the business stated, “and remains committed to cooperating with the review underway.”

In a declaration, McMahon stated, “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.”