Josh Martinez

Josh Martinez

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WWE’s Vince McMahon Stepping Back as CEO & Chairman Amid Allegations


Recently, news broke that WWE CEO & Chairman Vince McMahon allegedly paid a former employee $3 million in "hush money" after an affair.

Stephanie McMahon will assume Vince’s roles in the interim despite recently walking away to spend time with family.

WWE Released the following statement:

WWE and the Board of Directors today announced that a Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation


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