Vince McMahon Steps Down as CEO of WWE Pending Investigation
June 17, 2022
Wrestling mogul Vince McMahon plans to address fans over a sex scandal that may bring down his legendary career during WWE's Friday night smackdown. The 74-year-old tycoon stepped down as CEO and chairman of WWE after reports he secretly paid a $3 million settlement to a departing employee with whom he allegedly had an affair. WWE decided to launch an investigation into the allegations after receiving anonymous emails and discovering other secret settlements with former employees.
