Vince Mcmahon: Retire video| Leaves wwe| Is the real owner of wwe

Vincent Kennedy McMahon is a retired American professional wrestling promoter, executive, and media proprietor. He served as the chairman and chief executive officer of WWE, the largest professional wrestling company, until 2022. He is also the founder and owner of Alpha Entertainment.

Vince Mcmahon: Retire video| Leaves wwe| Is the real owner of wwe

Retire video:

Vince McMahon is retiring as World Wrestling Entertainment chairman and CEO, he announced Friday. In a WWE news release, the 76-year-old McMahon further announced that his daughter, Stephanie, and current WWE president Nick Khan will be taking over as co-CEOs.

Stephanie McMahon, who has been acting as interim CEO, will also take over as chairwoman, per the McMahon statement.

Leaves WWE:

McMahon had previously stepped down from his role as chairman and CEO in the wake of a Wall Street Journal report that revealed a WWE board investigation into a secret $3 million settlement given by McMahon to a former WWE paralegal.

But at the time, McMahon still kept his role as the head of WWE creative, and sources told ESPN that McMahon’s stepping down was done for optics.

Is the real owner of wwe:

McMahon said he would continue to “support WWE in any way I can.” He remains a majority shareholder. McMahon comes from a line of wrestling promoters, dating back to his grandfather.

In 1982, he bought the company, then called the World Wrestling Federation, from his father, Vincent J. McMahon.

The Wall Street Journal followed up with another report about alleged McMahon improprieties on July 8. The newspaper reported that the board was investigating $12 million given to four former WWE employees or contractors to silence allegations about McMahon’s sexual misconduct.