Vince McMahon steps down as CEO of WWE amid misconduct allegations

Vince McMahon has stepped down as CEO of WWE amid misconduct allegations.

The decision was announced on Friday (17 June) in a statement on the company’s official website and also confirmed Stephanie McMahon will take over as interim CEO and interim chairwoman.

McMahon steps away following a report from The Wall Street Journal which claims he paid a secret $3 million settlement to a former employee he allegedly had an affair with.

Despite leaving his role as CEO, McMahon appeared on Friday Night SmackDown one day later.

Click here to sign up for our newsletters.


Douglas Mateo

Douglas holds a position as a content writer at Neptune Pine. His academic qualifications in journalism and home science have offered her a wide base from which to line various topics. He has a proficiency in scripting articles related to the Health industry, including new findings, disease-related, or epidemic-related news. Apart from this, Douglas writes an independent blog and assists people in living healthy life.

Source Link Vince McMahon steps down as CEO of WWE amid misconduct allegations