Connect with us

Hi, what are you looking for?

Politics

JUST IN: Vince McMahon Retires From WWE Amid Investigation Into Sexual Misconduct

Vince McMahon, 76, announced his retirement from the WWE on Friday.

At 77, time for me to retire.
Thank you, WWE Universe.
Then. Now. Forever. Together. #WWE #thankful

— Vince McMahon (@VinceMcMahon) July 22, 2022

“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,” McMahon said.

“Most importantly, I would like to thank our fans for allowing us into your homes every week and being your choice of entertainment.”

McMahon stepped down as CEO last month amid an investigation into allegations of sexual misconduct.

Vince McMahon’s daughter Stephani McMahon is currently the interim CEO.

CNBC reported:

World Wrestling Entertainment CEO Vince McMahon announced Friday that he was fully retiring after decades of leading the company founded by his father, a move that comes after WWE’s board said in June it was investigating allegations of sexual misconduct against him.

Earlier this month, The Wall Street Journal reported that the married McMahon had paid more than $12 million to four women, all of who had been affiliated with the WWE, over the past 16 years to cover up claims of sexual misconduct and infidelity.

McMahon is by far the best-known promoter of professional wrestling in the United States, following in the footsteps of his father Vince McMahon Sr., and his grandfather Jess McMahon, who were leading promoters of wrestling shows in the northeast United States.

McMahon in June had said he was stepping back from his role as CEO and chairman of Stamford, Connecticut-based WWE, while the board’s probe proceeded, installing his daughter Stephanie McMahon as interim CEO.

DEVELOPING…

The post JUST IN: Vince McMahon Retires From WWE Amid Investigation Into Sexual Misconduct appeared first on The Gateway Pundit.

Disclaimer: tradinginspector.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 tradinginspector.com | All Rights Reserved