Vince McMahon has resigned from his roles as TKO Executive Chairman and from his position on the TKO Board of Directors.
Vince McMahon resigns from TKO Board after allegations of sexual misconduct: ESPN
Vince McMahon, who co-founded the modern WWE in 1982, has resigned from his roles as TKO Executive Chairman and from his position on the TKO Board of Directors, he said in a statement provided to ESPN on Friday night.
McMahon, 78, leaves the publicly traded company — which is also the parent group of the UFC — following a lawsuit filed Thursday that accuses him of sexual misconduct.
In the lawsuit, Janel Grant, who worked in WWE’s legal and talent departments, alleged that McMahon forced her into a sexual relationship in order for her to obtain and keep her job and passed around pornographic pictures and videos of her to other men, including other employees.
