BREAKING : Vince McMahon shockingly steps down as the CEO and Chairman of WWE
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Stephanie McMahon and Vince McMahon
All the hell has broken lose and Vince McMahon has voluntarily made a shocking call by stepping down as the Chief Executive Officer and Chairman of WWE for the time being until the investigation on him is completely over, a position which he was holding for years. Well, this didn’t happened all of sudden.
The $3 million scandal broken yesterday by the WSJ must have played a significant role in forcing the creator of this business to leave his throne which this utter shock. As being reported earlier, the WWE board members were constantly and recklessly investigating Vince over the multi-million settlement he made to the paralegal in order to shut her mouth so that he can’t say anything disparaging for the McMahon.
Stephanie McMahon has been named as the Interim Chairwoman and CEO of the company for the time being investigation is undergoing on his father. She recently took an indefinite leave of absence from the majority of her responsibilities in WWE. The newly formed Chairwoman has seemed to be immediately dishing out her duties as Stephanie McMahon has tweeted out her reaction on being given this honour.
Also, later yesterday Brandon Thurston revealed that more than 2.1 million of WWE shares were exchanged during yesterday just before the WSJ report emerged out and after the market got closed.
Sean Ross Sapp’s FightfulSelect exclusively reported that this incident has pushed Vince McMahon into the deepest waters of his entire career of the last 3 decades for him to lose his powers in WWE, the most endangered since the steriod trials. No one can elude his written destiny by any means, this once again came true in this Vince McMahon scandal story.
Also Read – “I go in, do my thing”- Pat McAfee reveals on what he knows about Vince McMahon’s Scandal
Vince McMahon is the ultimate creator of this industry
After his father started the Capitol Wrestling Promotion, Vince started working as a ringside announcer for his promotion in the 1970s, a few years later in 1982 he bought the company from his father and it was later named as the World Wrestling Federation (WWF).
Since then Vince McMahon was having the rightful control of WWE as it’s owner and CEO of this entire organisation. Vince McMahon had also been involved in some of the greatest moments in WWE history then be it the feud against Steve Austin during the Attitude Era Or his involvement in various storylines over the years can’t definitely be ruled out even a single mile.
McMahon was recently seen making his in-ring return at the Showscase of the Immortals (Wrestlemania 38) this year in April against Pat McAfee.
Also Read – “I’m doing the best work of my career”- Becky Lynch speaks up on her career status at this point
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