Vince McMahon

Wrestling promoter Vince McMahon, under investigation by his board for misconduct, said Friday he's retiring. The 76-year-old World Wrestling Entertainment ...

Vince McMahon, chief executive officer and chairman of World Wrestling Entertainment announced his retirement on Friday at the age of 77. In a tweet posted ...

You may click on “Your Choices” below to learn about and use cookie management tools to limit use of cookies when you visit NPR’s sites. If you click “Agree and Continue” below, you acknowledge that your cookie choices in those tools will be respected and that you otherwise agree to the use of cookies on NPR’s sites. NPR’s sites use cookies, similar tracking and storage technologies, and information about the device you use to access our sites (together, “cookies”) to enhance your viewing, listening and user experience, personalize content, personalize messages from NPR’s sponsors, provide social media features, and analyze NPR’s traffic.

Vince McMahon, WWE's chairman and CEO, announced his retirement Friday, following a sexual misconduct probe the company began in April.

Based on his real life, the persona was known for villainous storylines, most famously opposite Austin. McMahon was at the helm of WWE for decades, leading it to millions of viewers and more than $1 billion in revenue last year, a first for the company. That same month, Laurinaitis, a former wrestler whose ring name was Johnny Ace, was placed on administrative leave as a result of the allegations.

World Wrestling Entertainment Inc's Vince McMahon said on Friday he would retire as the company's chief executive and chairman, about a month after stepping ...

Advertisement "As the majority shareholder, I will continue to support WWE in any way I can." Advertisement

Vince McMahon, the former WWE chief executive, is retiring from the company, he said in a statement on Friday. The news follows an investigation into ...

"As the majority shareholder, I will continue to support WWE in any way I can." His lawyer told the Journal that "WWE did not pay any monies" to the former employee "on her departure." His daughter, Stephanie McMahon, and president Nick Khan will serve as co-CEOs.

In a WWE news release, the 76-year-old McMahon further announced that his daughter, Stephanie, and current WWE president Nick Khan will be taking over as co- ...

The feud helped WWE overtake WCW, the rival promotion that WWE later purchased. The newspaper reported that the board was investigating $12 million given to four former WWE employees or contractors to silence allegations about McMahon's sexual misconduct. "As the majority shareholder, I will continue to support WWE in any way I can. However, on June 17, McMahon stepped down from his role as chairman and CEO in the wake of a Wall Street Journal report that revealed a WWE board investigation into a secret $3 million settlement given by McMahon to a former WWE paralegal. It was also announced by WWE on Friday that McMahon's son-in-law and Stephanie's husband, Paul "Triple H" Levesque, was returning to the company as head of talent relations, though it was immediately unclear if that is related to McMahon retiring. "I would like to thank my family for mightily contributing to our success, and I would also like to thank all of our past and present Superstars and employees for their dedication and passion for our brand.

Reports earlier this month said McMahon agreed to pay $12m to suppress allegations of sexual misconduct and infidelity.

McMahon stepped down temporarily as CEO and chair of WWE in mid-June during an investigation into alleged misconduct. McMahon has been the leader and most recognisable face of WWE for decades. In a brief statement issued by WWE, McMahon said he is retiring as the company’s chair and CEO. He remains its majority shareholder.

He is currently being investigated after several serious sexual misconduct allegations were made. Read more at straitstimes.com.

"As the majority shareholder, I will continue to support WWE in any way I can," he said. "As I approach 77 years old, I feel it's time for me to retire as chairman and CEO of WWE," McMahon said in a statement. "Our global audience can take comfort in knowing WWE will continue to entertain you with the same fervour, dedication, and passion as always," McMahon said.

World Wrestling Entertainment (WWE) boss Vince McMahon, who turned the firm from a regional player to global giant, says he will retire amid a flurry of ...

But the organisation underwent a seismic change under his management, with events like WrestleMania, a live event featuring the sport's top stars, drawing in millions of viewers. He was replaced as acting CEO and chairperson by his daughter. Then. Now. Forever. Together."