Vince McMahon, the longtime CEO and chairman of World Wrestling Entertainment, announced today he’s retiring from the company at age 77.
He had temporarily stepped away from running the company amid a scandal.WWE’s board of directors has been investigating McMahon over allegations that he’d paid millions of dollars to various women in exchange for silence over relationships and misconduct.McMahon, whose exit is effective immediately, announced that his daughter, Stephanie McMahon, will be chairwoman and co-CEO.
The other co-CEO is Nick Khan, who joined WWE from CAA in 2020.At 77, time for me to retire. Thank you, WWE Universe. Then. Now.
Forever. Together. #WWE #thankful— Vince McMahon (@VinceMcMahon) July 22, 2022McMahon took over from his father in the early 1980s and turned it into a global media empire.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.