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WWE’s Vince McMahon Steps Back From CEO Role Amid Misconduct Probe

Vince McMahon stepped again from his function as chief government officer and chairman of World Wrestling Entertainment Inc. as its board investigates alleged misconduct, the corporate stated Friday.

The transfer follows an article this week by The Wall Street Journal reporting that the WWE board was investigating a secret $3 million settlement that the longtime CEO agreed to pay to a departing worker with whom he allegedly had an affair, in response to paperwork and folks acquainted with the board inquiry.

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