Immersed in a sexual misconduct scandal, the president and chief of the board of directors of World Wrestling Entertainment (WWE), Vince McMahon, announced that he was bowing out on Friday.
The 76-year-old formalized the whole thing on his Twitter account.
"It's time for me to retire," he wrote. Thank you, “WWE Universe”. Yesterday. Now. For all time. Together."
McMahon made headlines in early June after the Wall Street Journal reported that he paid around $12 million to cover up allegations of sexual misconduct and infidelity against her over the past 16 years.
In mid-June, his daughter Stephanie McMahon was promoted to interim WWE president amid an internal investigation by the wrestling organization.