The news just broke: Vince McMahon steps away from role as WWE Chairman and will leave its place for some time! Thus, the federation announces to us through a press release that the WWE Board of Directors is continuing its investigation into the accusations of misconduct against Vince McMahon and John Laurinaitis (head of talent relations).
We then learn that Vince McMahon has decided himself to step down from his role as CEO and Chairman of the Board of Directors until the investigation is completed. He leaves his place to his daughter – Stephanie McMahon – who thus becomes interim president of WWE.
However, Vince McMahon will remain involved in the creative decisions of the American wrestling league during this time.he will therefore always have his responsibilities related to the booking of shows.
Vince McMahon also states that he has “promised his cooperation with the investigation” and that he will do “everything possible to support it.” He also said he was ready “to accept the conclusions and results of the investigation, whatever they may be.”
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