Vince McMahon has left his position as Executive Chairman of TKO Group Holdings Inc. following allegations of sexual assault, trafficking and physical abuse.
Janel Grant, a former WWE employee, filed a lawsuit alleging that McMahon had offered a job at WWE in return for sex. The lawsuit also claims McMahon trafficked her to other men, including John Laurinaitus. McMahon has maintained his innocence and has vowed to fight it in court. But in the meantime, he has left his position.
“Out of respect for the WWE Universe, the extraordinary TKO business and its board members and shareholders, partners and constituents, and all of the employees and Superstars who helped make WWE into the global leader it is today, I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately,” McMahon said
“He will no longer have a role with TKO Group Holdings or WWE,” Nick Khan (WWE President)
This is not the first time McMahon has been accused of sexual misconduct. He retired from his role as CEO and Chairman of WWE in July 2022 following sexual misconduct allegations. Following an investigation, McMahon returned in January 2023. But this latest incident has left McMahon with a battle on his hands.
Honestly the last few years with him isn't looking good long term, someone had to say it.
— Martin Tollberg (@MadMarty89) January 27, 2024
Netflix can’t be happy right?!
— dingbat (@matt_on_themoon) January 27, 2024
— geothefeo12 (@geoisucey) January 27, 2024