WWE founder and CEO Vince McMahon has “voluntarily stepped back” from some of his responsibilities at the sports entertainment company while its board investigates allegations of misconduct.
McMahon, who also serves as chairman, will retain his role related to WWE’s creative content while his daughter, Stephanie McMahon, will serve as interim CEO and chairwoman amid the probe.
“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,” Stephanie McMahon said in a statement on Friday.
