Vince McMahon

Vince McMahon, chief executive officer and chairman of World Wrestling Entertainment announced his retirement on Friday at the age of 77. In a tweet posted ...

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Vince McMahon, WWE's chairman and CEO, announced his retirement Friday, following a sexual misconduct probe the company began in April.

Based on his real life, the persona was known for villainous storylines, most famously opposite Austin. McMahon was at the helm of WWE for decades, leading it to millions of viewers and more than $1 billion in revenue last year, a first for the company. That same month, Laurinaitis, a former wrestler whose ring name was Johnny Ace, was placed on administrative leave as a result of the allegations.

For decades it felt as if there was no chance in hell this day would ever come. Vince McMahon has retired as chairman and CEO from WWE, ...

McMahon had been accused of demoting the wrestler when she ended the relationship, and not renewing her contract when it came up. One of the women, a former wrestler, had alleged in 2018 that years back McMahon had coerced her into oral sex. I am extremely confident in the continued success of WWE, and I leave our company in the capable hands of an extraordinary group of Superstars, employees, and executives – in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan. As the majority shareholder, I will continue to support WWE in any way I can. Then, the email said, McMahon “gave her like a toy” to longtime WWE executive John Laurinaitis. He was also an on-air talent, both as a broadcaster and as an authority figure, “Mr. McMahon”, whom it was impossible to distinguish where the real man ended and acting began. 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.

Vince McMahon, the promoter who built a pro wrestling show into a global entertainment empire, Friday announced he was retiring as head of World Wrestling ...

McMahon also has longstanding ties to the celebrity-turned-president Donald Trump, who is a WWE Hall of Fame inductee -- and who gave McMahon's wife Linda a government role as head of the small business administration. McMahon stepped down from his roles with WWE last month pending the results of an internal investigation after allegations he had an affair with an employee and paid her $3 million to keep the matter secret. Vince McMahon -- pictured in 2009 -- said he is retiring as WWE Chairman and CEO

Wrestling promoter Vince McMahon, under investigation by his board for misconduct, said Friday he's retiring. The 76-year-old World Wrestling Entertainment ...

“As I approach 77 years old, I feel it's time for me to retire as Chairman and CEO of WWE. Throughout the years, it's been a privilege to help WWE bring you joy ...

Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. 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. All other trademarks, logos and copyrights are the property of their respective owners. I am extremely confident in the continued success of WWE, and I leave our company in the capable hands of an extraordinary group of Superstars, employees, and executives – in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan. As the majority shareholder, I will continue to support WWE in any way I can. My personal thanks to our community and business partners, shareholders, and Board of Directors for their guidance and support through the years.

McMahon is the most recognisable face at WWE, which he purchased from his father in 1982. He has reportedly agreed to pay more than $US12 million over the ...

In a brief statement issued by WWE, McMahon said he was retiring as the company's chairman and chief executive. He purchased the company from his father in 1982, then called the World Wrestling Federation, when wrestling in the United States was territorially based. McMahon has said he was cooperating with the company's investigation.

In a WWE press release, the 76-year-old McMahon further announced that his daughter Stephanie and current WWE president Nick Khan will be taking over as co-CEOs ...

The feud helped WWE overtake WCW, the rival promotion that WWE later purchased. The newspaper reported that the board was investigating $12 million given to four former WWE employees or contractors to silence allegations about McMahon's sexual misconduct. "As the majority shareholder, I will continue to support WWE in any way I can. However, on June 17, McMahon stepped down from his role as chairman and CEO in the wake of a Wall Street Journal report that revealed a WWE board investigation into a secret $3 million settlement given by McMahon to a former WWE paralegal. It was also announced by WWE on Friday that McMahon's son-in-law and Stephanie's husband, Paul "Triple H" Levesque, was returning to the company as head of talent relations, though it was immediately unclear if that is related to McMahon retiring. "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.

In a WWE news release, the 76-year-old McMahon further announced that his daughter, Stephanie, and current WWE president Nick Khan will be taking over as co- ...

The feud helped WWE overtake WCW, the rival promotion that WWE later purchased. The newspaper reported that the board was investigating $12 million given to four former WWE employees or contractors to silence allegations about McMahon's sexual misconduct. "As the majority shareholder, I will continue to support WWE in any way I can. However, on June 17, McMahon stepped down from his role as chairman and CEO in the wake of a Wall Street Journal report that revealed a WWE board investigation into a secret $3 million settlement given by McMahon to a former WWE paralegal. It was also announced by WWE on Friday that McMahon's son-in-law and Stephanie's husband, Paul "Triple H" Levesque, was returning to the company as head of talent relations, though it was immediately unclear if that is related to McMahon retiring. "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.

Reports earlier this month said McMahon agreed to pay $12m to suppress allegations of sexual misconduct and infidelity.

McMahon stepped down temporarily as CEO and chair of WWE in mid-June during an investigation into alleged misconduct. McMahon has been the leader and most recognisable face of WWE for decades. In a brief statement issued by WWE, McMahon said he is retiring as the company’s chair and CEO. He remains its majority shareholder.

World Wrestling Entertainment (WWE) boss Vince McMahon, who turned the firm from a regional player to global giant, says he will retire amid a flurry of ...

But the organisation underwent a seismic change under his management, with events like WrestleMania, a live event featuring the sport's top stars, drawing in millions of viewers. He was replaced as acting CEO and chairperson by his daughter. Then. Now. Forever. Together."

Vince McMahon shockingly retired from WWE amid rising allegations of sexual misconduct. McMahon is in the middle of a WWE investigation regarding alleged ...

The announcement preceded Vince McMahon’s own shocking announcement that the WWE Chairman was set to retire. Amid Triple H’s unlikely return to power, Dave Meltzer of Wrestling Observer Newsletter (h/t Wrestling Inc) reported Vince McMahon and Kevin Dunn were not present at WWE SmackDown. Lesnar has never been shy about walking out of WWE shows when the situation does not serve him. “You are all WWE Global Ambassadors. Carry the WWE flag wherever you go. I’ve thoroughly enjoyed my passion, wisdom, and love of the business with you. It wasn’t too long ago that both Triple H and Stephanie McMahon’s futures—as power brokers within WWE—were in question. Vince McMahon followed up his SmackDown appearance with another empty appearance on the June 20, 2022 broadcast of Raw. McMahon briefly spoke about the impending return of John Cena. In light of the rising allegations, streaming giant Netflix reportedly pulled its planned documentary series about Vince McMahon. Accusations against McMahon included sending nude photos and “coercing” a former wrestler to perform oral sex. Amid the damning accusations, WWE reportedly increased the salary of a former paralegal whom McMahon allegedly had an affair with. Today’s climate is littered with the demise of one male mogul after another due to accusations of sexual misconduct. Additional settlements ranged from $1 million to a stunning $7.5 million in alleged hush money.