The man, who made the company the number one giant in the industry, has also promised to accept the results of the investigation ” whatever they are.”
Vince McMahon, CEO of the WWE wrestling company, has left voluntarily his position while the board of directors investigates the accusations of malpractice against him, according to reported this Friday the company.
According to a statement, Stephanie McMahon, his daughter, who recently took a break from most of her duties at the company, will take over as CEO and Interim President. WWE during this period.
However, Vince McMahon will continue to participate in the creative content. According to a post on the WWE Twitter account, he will appear on the weekly show ‘SmackDown’ this Friday.
Mr. McMahon will appear on SmackDown tonight at 8 PM ET live on FOX. pic.twitter.com/6XEEDwR0Hy
— WWE (@WWE) June 17, 2022
McMahon has also stated that he is willing to cooperate with the ongoing investigation. “I have pledged to cooperate with the Special Committee’s investigation and will do my best to support the investigation. I have also pledged to accept the results and conclusions of the investigation, whatever they may be,” he said.
This Wednesday it was announced that the WWE board of directors was investigating an alleged affair between McMahon and a company employee, whom he allegedly paid to sign an agreement and thus buy his silence. In addition, during the investigation, several previous agreements related to malpractice lawsuits filed by other workers against McMahon and John Laurinaitis, a WWE executive, were discovered.
McMahon is one of the personalities most recognized in the world of professional wrestling. Since taking over the company from his father in 1982, he has led its transformation into a cultural giant, whose revenues exceed 1,000 million dollars, and whose programs are broadcast in 30 languages.