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WWE’s Vince McMahon Retires Amid Misconduct Allegations

  • Executive appeared in the ring, announcing wrestling matches
  • His daughter, Stephanie, takes over as chair and co-CEO
Vince McMahon appears in the ring during the WWE Monday Night Raw show.

Vince McMahon appears in the ring during the WWE Monday Night Raw show.

Photographer: Ethan Miller/Getty Images
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Wrestling promoter Vince McMahon, under investigation by his board for misconduct, announced Friday that he’s retiring. 

The company will be run by his daughter, Chairwoman and Co-CEO Stephanie McMahon, and Co-CEO Nick Khan, according to a statement. McMahon, who remains the company’s controlling shareholder, said he’ll continue to support WWE in any way he can.