Podcast:The Journal. Published On: Wed Jun 22 2022 Description: Vince McMahon, the CEO of World Wrestling Entertainment, or WWE, stepped aside as CEO and chairman of the company last week after allegations surfaced that he had an affair with a former employee and agreed to pay $3 million to keep it secret. WSJ’s Ted Mann explains what’s at stake for the company. Further Reading: -WWE Board Probes Secret $3 Million Hush Pact by CEO Vince McMahon, Sources Say -WWE’s Vince McMahon Steps Back From CEO Role Amid Misconduct Probe Learn more about your ad choices. Visit megaphone.fm/adchoices