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WWE's Vince McMahon Steps Back From CEO Role Amid Misconduct Probe – The Wall Street Journal

Vince McMahon, the public face of American wrestling, stepped aside as chief executive and chairman of World Wrestling Entertainment under pressure from disclosure of a board investigation into alleged misconduct.

The Wall Street Journal reported this week that the WWE board was investigating a secret $3 million settlement the longtime CEO agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry.

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