Wrestling promoter Vince McMahon, under investigation by his board for misconduct, announced Friday that he’s retiring.
The company will be run by his daughter, Chairwoman and Co-CEO Stephanie McMahon, and Co-CEO Nick Khan, according to a statement. McMahon, who remains the company’s controlling shareholder, said he’ll continue to support WWE in any way he can.
Vince McMahon
Photographer: Ethan Miller/Getty Images
The 76-year-old World Wrestling Entertainment Inc. executive was being investigated by his board for agreements to pay $12 million over the past 16 years to settle allegations of sexual misconduct and infidelity. The internal probe was first reported by the ...
