Vince McMahon

Vince McMahon, the WWE's chairman and CEO, is stepping aside pending an investigation into "alleged executive misconduct."

“I have also pledged to accept the findings and outcome of the investigation, whatever they are.” It is “extremely important,” she added, “that we have a safe and collaborative workplace. His daughter, Stephanie McMahon, who herself had recently taken a pause from the company in order to “focus on her family,” is taking over the CEO role on an interim basis.

WWE boss Vince McMahon has agreed to step back from his responsibilities as chairman and CEO while the wrestling company's board investigates him for ...

The company's board is made of up executives who report to McMahon and even members of McMahon's own family. "I have also pledged to accept the findings and outcome of the investigation, whatever they are." WWE said Friday that it takes "all allegations of misconduct very seriously" and it has engaged independent legal services to assist with the review.

World Wrestling Entertainment Inc. said Chief Executive Officer Vince McMahon will step back from his duties while the board investigates allegations of ...

Vince McMahon's daughter, Stephanie, will take over as interim CEO of WWE after McMahon stepped down.

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The company said it was investigating alleged misconduct from McMahon and John Laurinaitis, the head of talent relations, after the Wall Street Journal ...

Though WWE’s TV ratings are nowhere near where they were in the late 1990s and early 2000s when millions tuned in each week, the company has managed to make more money while being not as popular in traditional media, in large part because of its worldwide TV and media deals. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon, 76, said in a statement. She had recently taken a leave of absence from her role as chief brand officer to “focus on family.” Vince McMahon bought the then-World Wrestling Federation from his father in 1982. It also did not mention whether Laurinaitis would step away from his role during the investigation. “I love this company and am committed to working with the Independent Directors to strengthen our culture and our Company; it is extremely important to me that we have a safe and collaborative workplace,” she said in a news release Friday. “I have committed to doing everything in my power to help the Special Committee complete its work, including marshaling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings.”

Mr. McMahon agreed to pay a secret settlement to an employee with whom he was said to have had an affair, The Wall Street Journal reported this week.

Since taking over his father’s wrestling company in 1982, Mr. McMahon has presided over its ascent into a cultural giant, with more than $1 billion in revenue in 2021. “I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Far from an anonymous executive, Mr. McMahon is among the most recognizable faces of professional wrestling, adopting a swagger-filled public persona who is often at the center of the on-screen action. Stephanie McMahon, his daughter, will take over as interim chief executive and chairwoman, the company said in a statement. On Wednesday, The Wall Street Journal reported that Mr. McMahon agreed to pay a secret $3 million settlement to an employee with whom he was said to have had an affair, and that the board had been investigating since April. The investigation unearthed other nondisclosure agreements involving claims of misconduct by Mr. McMahon, The Journal reported. Mr. McMahon, the pro wrestling company’s chairman and chief executive, agreed to pay a secret settlement to an employee with whom he was said to have had an affair, The Wall Street Journal reported this week.

Vince McMahon's daughter, Stephanie, will lead the wrestling company during the inquiry. McMahon, accused of paying $3 million to cover up an affair, ...

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The Wall Street Journal reported Wednesday that WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a ...

She had been serving as the company’s chief brand officer. The Wall Street Journal reported Wednesday that WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a consensual affair. The Wall Street Journal reported Wednesday that WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a consensual affair. Outside of the investigation, WWE said Friday that the company and its special committee will work with an independent third-party to perform a comprehensive review of the work environment at the organization. “I have pledged my complete cooperation to the investigation by the special committee, and I will do everything possible to support the investigation,” McMahon said in a prepared statement Friday. “I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Vince McMahon is stepping down as CEO and chairman of WWE during an investigation into alleged misconduct involving the longtime leader and public face of the organization.

Vince McMahon stepped down as chairman and CEO of World Wrestling Entertainment Friday morning, amid an ongoing investigation into an alleged affair with a ...

Under his tenure, WWE has become the face of professional wrestling, outperforming competitors World Championship Wrestling, which the WWE bought in 2000, and Extreme Championship Wrestling, which it bought in 2003. His tenure has also come under scrutiny for sexist and racist storylines, including “bra and panty matches” throughout the early 2000s, as well as a 1998 instance of wrestlers performing in blackface. McMahon took over the WWE from his father, also named Vince McMahon, in 1982.

The chairman and CEO of World Wrestling Entertainment (WWE) has relinquished his duties as his board of directors investigates him for misconduct.

Mr McMahon founded the WWE in the 1980s and has overseen its growth into a media juggernaut whose weekly content is broadcast in more than 180 countries and 30 languages. The WWE's board is now said to be in possession of a copy of the agreement - an upfront payment of $1m, with the rest to be doled out over five years and apparently paid by Mr McMahon personally. Mr McMahon has not responded directly to the claims but, in a statement, pledged his "complete cooperation to the investigation".

The WWE board of directors appointed McMahon's daughter, Stephanie McMahon, as interim CEO and chairwoman until the probe's conclusion. “I have pledged my ...

"I have also pledged to accept the findings and outcome of the investigation, whatever they are." He frequently appears in WWE broadcasts and is said to have almost total control over scripts and overall storylines. “I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation,” Vince McMahon said a in statement released by the Stamford, Connecticut-based company.

His daughter, Stephanie McMahon, who happens to be married to the WWE Superstar Triple H, has assumed the position of interim CEO and chairperson. McMahon, who ...

I have also pledged to accept the findings and outcome of the investigation, whatever they are.” There have also been allegations made against him of sexual assault in the past, which he has denied. Vince McMahon, the 76-year-old head of World Wrestling Entertainment and face behind one of the more entertaining memes commonly spotted online, announced on Friday that he is stepping back from his leadership role while the company investigates misdemeanor claims.

Vince McMahon is in the middle of a corporate firestorm, but he still opened the company's wrestling telecast "Smackdown" on Friday.

"It is extremely important to me that we have a safe and collaborative workplace," he said. The separation agreement was reportedly made in January between McMahon and the former unnamed employee. "Those four words are 'then,' 'now,' 'forever,' and the most important word is 'together,'" he said. Other misconduct claims were reportedly found against John Laurinaitis, the company's head of talent relations. "I have pledged my complete cooperation to the investigation by the special committee, and I will do everything possible to support the investigation," McMahon said in a statement Friday. "I have also pledged to accept the findings and outcome of the investigation, whatever they are." As for McMahon's in-ring persona, he won't be going anywhere for now.

Amid a misconduct scandal, McMahon's appearance on 'Smackdown' Friday shows the organization will have to live with its nominally deposed mad king.

Those words betray the brazenness of someone who may have lost the confidence and respect of a segment of viewers and even stakeholders, but still owns a majority of controlling shares in the company he’s overseen for 40 years. Competition is what fuels Vince McMahon — competition for ratings, global dominance, social media saturation, prestige, alpha-male pride and the adoration of millions. I have also pledged to accept the findings and outcome of the investigation, whatever they are.” Strange sentiment from someone who earlier that day stepped back from his decades-long role as chief executive and chairman following revelations in the Wall Street Journal that he’d allegedly paid millions to silence a former staff paralegal with whom he carried on an extramarital affair. More recently, he came out unscathed after ex-wrestler Ashley Massaro accused him of negligence for failing to take action after she was allegedly raped overseas by a military doctor as part of a WWE tour of armed-forces bases. While Vince may have temporarily ceded C-Suite authority — handing the reins to daughter Stephanie one month after her own publicly declared leave of absence for, ironically, family reasons — WWE confirmed in a corporate release that he will retain creative control of all programming.

John Laurinaitis, former wrestler and head of talent relations, is also being investigated.

“I have committed to doing everything in my power to help the special committee complete its work, including marshaling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings.” “I love this company and am committed to working with the independent directors to strengthen our culture and our company; it is extremely important to me that we have a safe and collaborative workplace,” she said in her own statement. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon said in a statement, per THR.

Vince McMahon is stepping back from his roles as chairman and CEO of World Wrestling Entertainment as the organization investigates a report that he agreed ...

“I have also pledged to accept the findings and outcome of the investigation, whatever they are.” The employee was hired as a paralegal in 2019. “Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation,” the WWE said in a release.