'As I approach 77 years old, I feel it's time for me to retire,' said McMahon, who is under fire for reported payments to women surpassing $15 million.
STAMFORD, Connecticut -- Vince McMahon, the chairman, and CEO of sports entertainment giant WWE, said he's retiring from the role a month after he announced he would step back in the midst of an investigation into alleged hush money payments to multiple extra-marital partners.
The executive, who also serves as the figurehead for the company's on-air creative product, did not directly mention the current probe continuing into his alleged misconduct.on McMahon stepping aside from his executive roles.
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