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Vince McMahon steps back as WWE CEO amid investigation

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Vince McMahon has “voluntarily stepped back” as chairman and CEO of WWE amid an “investigation into alleged misconduct”. The 76-year-old sports entertainment company boss and John Laurinaitis – head of talent relations who was known as Johnny Ace when he wrestled – are reportedly under investigation following claims in the Wall Street Journal about multi-million dollar hush money payments given to women who allegedly had sexual relationships with Vince. Vince’s daughter, Stephanie McMahon, will serve as interim CEO and chairwoman but her father will still be working. The company said in a stat…

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