The Margin: Ex-WWE CEO Vince McMahon paid $12 million in hush money to women, report says — Stephanie McMahon to become new CEO

by | Jul 21, 2022 | Stock Market

is investigating $12 million in payments given out by former CEO Vince McMahon over the last 16 years to conceal a series of sexual misconduct allegations, according to The Wall Street Journal. The money was sent to four women that would prohibit them from discussing these claims against McMahon, or their relationships with him. The 76-year old McMahon resigned as the head of WWE earlier this year.

See also: Trump tells golfers to ‘take the money’ from LIV Golf or ‘pay a big price’ Meet the new Boss. Stephanie McMahon is taking over as World Wrestling Entertainment Inc.’s chairman and CEO, after her father Vince stepped down amid an investigation into his “alleged misconduct” with an employee. Stephanie McMahon had previously worked as the WWE’s chief brand officer, and will run things in the meantime. “Until the conclusion of the investigation into recent allegations, I am honored to assume the role of interim Chairwoman & CEO,” she tweeted. “I love @WWE and all it continues to do to entertain billions around the world.”

See also: MLB commissioner Rob Manfred ‘rejects’ that minor league players aren’t paid a living wage: ‘We’ve made real strides’ Here are five things to know about the WWE’s new CEO.Wrestling runs in the family. As stated above, Stephanie McMahon is the daughter of Vince McMahon. But she is also the fourth generation in the McMahon family to be either a wrestling or boxing promoter. The tradition traces back to her great-grandfather Roderick “Jess” McMahon, grandfather Vincent J. McMahon, as well as her father, Vince K. McMahon  See also: Joe Rogan says he turned down Trump as podcast guest: ‘I don’t want to help him’She is also a former professional wrestler. Stephanie McMahon had dozens of appearances as a pro wrestler at various WWE events, including WrestleMania and Smackdown. Her WWE storylines and events include “Vengeance 2003” and “1999 Raw,” according to a Bleacher Report article recounting her career, which described her as, “a scavenger, waiting for someone else to fell the prey before lunging at it.”She is married to a pro wrestler. Stephanie McMahon has been married to WWE wrestler Paul “Triple H” Levesque since 2003. It was a case of life imitating art, as McMahon and Triple H had an “on-screen” romance, which culminated in them getting married for a WWE event in 1999. See also: Why is crypto crashing? Mark Cuban says ‘crypto is going through the lull that the internet went through’ She and Triple H have even occasionally competed as a couple at WWE events throughout the careers. The dynamic duo grapple tog …

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