The CEO Scandal at WWE

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