Vince McMahon Steps Down As WWE CEO Amid ‘Hush Money’ Probe; Stephanie McMahon To Serve As Interim Boss

Published by
The Street

By Martin Baccardax “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. Vince McMahon, the charismatic billionaire owner of World Wrestling Entertainment (WWE) – Get World Wrestling Entertainment Inc. Class A Report, will step back from his role as CEO as the group probes allegations of so-called ‘hush money’ payments to a former employee. The Wall Street Journal reported earlier this week that McMahon, who purchased his father’s World Wrestling Federation business in 1982, changed…

Read More