WWE boss Vince McMahon retires as swirling allegations include female wrestler saying he coerced her into oral sex

After taking over from his father, also named Vince, and grandfather Jess, McMahon transformed the WWE from its regional beginnings, into a publicly traded international enterprise with hundreds of employees in offices worldwide.

WWE wrestlers became cultural icons as McMahon used music and storytelling to introduce his stars into mainstream culture, delivering major events such as the first Wrestlemania in 1985 at New York's Madison Square Garden. McMahon also has longstanding ties to Mr Trump, who is a WWE Hall of Fame inductee - and who gave McMahon's wife Linda a government role as head of the small business administration.

Through telecasts and live shows, the WWE became a star-making machine melding the entertainment and sport realms, producing such colorful characters as"Stone Cold" Steve Austin,"Macho Man" Randy Savage,"The Undertaker," and Ted DiBiase, also known as"The Million-Dollar Man."

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WWE chief Vince McMahon to retireWorld Wrestling Entertainment Inc's Vince McMahon said on Friday he will retire as the company's chief executive and chairman, barely a month after stepping back from those roles due to an investigation into his alleged misconduct.McMahon was being investigated by the board for a secret $3 million settlem
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WWE Chairman and CEO McMahon announces retirementWorld Wrestling Entertainment Inc's Vince McMahon said on Friday he will retire from his roles as chief executive and chairman of the company.A spokesperson for WWE did not immediately respond to a Reuters request for comment.
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