He was being investigated for allegations of misconduct.
World Wrestling Entertainment (WWE) CEO Vince McMahon announced his retirement a month after resigning from his position amid an ongoing sexual harassment investigation.
McMahon wrote in his tweet that I am approaching 77 years old, I think it is time to retire from WWE.
Last month, WWE wrestling corporation Chairman and CEO Vince McMahon temporarily resigned following a misconduct investigation into allegations of misconduct against him.
However, he was succeeded by his daughter Stephanie, 45, as interim CEO and president of the corporation.
Earlier this month, the Wall Street Journal reported that World Wrestling Entertainment mogul Vince McMahon has paid more than $12 million over the past 16 years to settle allegations of sexual misconduct and infidelity.
