WWE chief Vince McMahon to retire amid probe into misconduct claims

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Reuters UK

By Yuvraj Malik (Reuters) -World Wrestling Entertainment Inc’s Vince McMahon said on Friday he would retire as the company’s chief executive and chairman, about a month after stepping back from those roles due to an investigation into his alleged misconduct. McMahon, 76, was being investigated by the board for agreements to pay $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity, the Wall Street Journal had previously reported. https://on.wsj.com/3PtSOdb McMahon last month pledged to support WWE’s investigation. He did not address the probe in Friday’…

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