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WWE Says Former CEO Vince McMahon Made Personal Payments of Nearly $20 Million Amid Misconduct Investigation

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former CEO Vince McMahon — bringing the total of unrecorded payments up to $19.6 million.WWE revealed in a statement to the SEC on Tuesday that, on June 17, a special committee was «conducting an investigation into alleged misconduct» of McMahon — who then resigned as CEO on July 22, amid the investigation.«On July 25, 2022, the Company announced that it has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future totaling $14.6 million) were not appropriately recorded as expenses in the Company’s consolidated financial statements,» the SEC filing document stated. «Since that time, the Company has determined that two additional payments totaling $5.0 million, unrelated to the allegations that led to the Special Committee investigation, that Mr.

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