It's too late to fix his life. |
After it was revealed that Vince McMahon used WWE funds to pay off mistresses and close the door on his sexual predatory behavior, the company has quietly fired him out the cannon (which he claimed as a retirement). They have said that he is "done, done!"
Now I would like to see that but who knows?
His wife, Linda McMahon is the chief operations officer (COO) for the WWE and a former member of Washed Up 45's cabinet. She also runs the former president's grifts.
Nick Khan and his daughter Stephanie McMahon-Levesque both took over as chief executive officer (CEO) and Paul Levesque (Triple H) will be the chief content officer (CCO).
“The Special Committee investigation is now complete and the Special Committee has been disbanded,” the company said in a securities filing. “Management is working with the Board of Directors to implement the recommendations of the Special Committee related to the investigation.”
McMahon "retired" in July after WWE said he had paid out nearly $20 million in previously unrecorded expenses. McMahon is still the biggest shareholder in WWE.
“Mr. McMahon can effectively exercise control over our affairs,” the company said in Wednesday’s filing.
Almost $15 million were paid to settle sexual misconduct allegations from four women against McMahon over the past 16 years. He paid $5 million to Donald Trump’s now-defunct foundation through donations in 2007 and 2009.
WWE, which has been mentioned as a potential acquisition target, has suggested that the hush money payments are under investigation by other entities.
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