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Vince McMahon steps back from WWE role as board investigates alleged misconduct
Fox Business ^ | Updated on June 17 | Ryan Gaydos

Posted on 06/18/2022 10:24:19 AM PDT by conservative98

Vince McMahon "voluntarily stepped back" from his role as WWE CEO and chairman while its board investigates alleged misconduct, the company said Friday.

Stephanie McMahon, Vince’s daughter, was named interim CEO and interim chairwoman. Vince McMahon will retain his role in regards to WWE’s creative content.

"I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are," he said in a statement.

Stephanie McMahon added: "I love this company and am committed to working with the Independent Directors to strengthen our culture and our Company; it is extremely important to me that we have a safe and collaborative workplace. I have committed to doing everything in my power to help the Special Committee complete its work, including marshaling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings."

According to The Wall Street Journal, McMahon was under investigation from the company’s board for an alleged secret $3 million payment to a former employee he supposedly had an affair with.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy
KEYWORDS: stephaniemcmahon; vincemcmahon; wwe
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1 posted on 06/18/2022 10:24:19 AM PDT by conservative98
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To: conservative98

I would be shocked if there wasn’t a ton of inappropriate behavior in WWE.
Juiced up monkeys getting coked up living on the road?...


2 posted on 06/18/2022 10:26:04 AM PDT by EEGator
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To: conservative98

AEW (All Elite Wrestling) is eating WWE’s lunch.


3 posted on 06/18/2022 10:29:30 AM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

Vince looks like he lost a lot of weight very fast. Looks a little sickly too.

Mr. McMahon addresses the WWE Universe: SmackDown, June 17, 2022
https://www.youtube.com/watch?v=gBMgqNQKyIk


4 posted on 06/18/2022 10:31:21 AM PDT by conservative98
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To: Extremely Extreme Extremist

Yeah that is why so many WWE superstars once they are out of WWE go to AEW(Bryan Danielson, Samoa Joe, Jon Moxley, etc)


5 posted on 06/18/2022 10:36:05 AM PDT by Sarah Barracuda
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To: conservative98

Watched Smackdown last night when he came out you could just tell by his face that he knew he was done


6 posted on 06/18/2022 10:36:30 AM PDT by Sarah Barracuda
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To: conservative98

A rich, prominent Trump supporter.


7 posted on 06/18/2022 10:41:50 AM PDT by BiglyCommentary
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To: conservative98

Yes, because there never are any scripted plot twists in “pro” wrestling.


8 posted on 06/18/2022 10:44:25 AM PDT by T. P. Pole
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To: conservative98

If he loses the investigation will he have to get his head shaved while the rest of the employees hoot and holler?


9 posted on 06/18/2022 10:44:29 AM PDT by Poison Pill
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To: EEGator
Juiced up monkeys getting coked up living on the road?...

You have described me perfectly.

10 posted on 06/18/2022 10:45:56 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: EEGator

Sounds like fun.


11 posted on 06/18/2022 10:47:31 AM PDT by ImJustAnotherOkie (Let's go Brandon)
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To: Lazamataz

You want to hang out, blow a couple eight balls, and pick up some skeezers sometime?...


12 posted on 06/18/2022 10:47:46 AM PDT by EEGator
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To: conservative98

He looks good, even with some weight loss. Impressive too with YT subscriber base of 89 million. What’s CNN & MSNDC got?


13 posted on 06/18/2022 10:49:16 AM PDT by existentially_kuffer
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To: EEGator

Again?


14 posted on 06/18/2022 10:49:44 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: BiglyCommentary

Yes definitely.

Mr. McMahon and Donald Trump’s Battle of the Billionaires Contract Signing https://www.youtube.com/watch?v=vVeVcVBW_CE&t=778s


15 posted on 06/18/2022 10:50:39 AM PDT by chrisinoc
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To: Lazamataz

They haven’t found the bodies yet, so I think we’re in the clear...


16 posted on 06/18/2022 10:52:15 AM PDT by EEGator
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To: BiglyCommentary

With a long history of being a scumbag. Not his first time down this path.


17 posted on 06/18/2022 10:53:55 AM PDT by discostu (like a dog being shown a card trick)
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To: EEGator

Yeahhh man! Just lay me down some rails boys!


18 posted on 06/18/2022 10:55:39 AM PDT by 4yearlurker (Open up the window curtains wide and let in God's light!)
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To: conservative98

19 posted on 06/18/2022 11:02:53 AM PDT by Sans-Culotte (11/3-11/4/2020 - The USA became a banana republic.)
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To: All

These wrestling stories are getting ridiculous


20 posted on 06/18/2022 11:13:45 AM PDT by escapefromboston (Free Chauvin)
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