Vince McMahon out as WWE CEO amid sexual harassment scandal

Vince McMahonKing of American Wrestling, retired as chief executive officer and president of world Wrestling Entertainment The following disclosures by the Wall Street Journal multiple payments to women who had accused him of sexual misconduct and infidelity.

In a news release, the 76-year-old executive said that his daughter, Stephanie McMahon, and the company’s current chairman, Nick Khan, will take over as co-CEO. Ms. McMahon will serve as president.