By Bollywood Fever
Vince McMahon has "voluntarily stepped back" from his responsibilities as WWE CEO and chairman as the Wrestling company's Special Committee of the Board conducts "an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis."
"McMahon will retain his role and responsibilities related to WWE's creative content during this period and remains committed to cooperating with the review underway," WWE said in a statement.
The special committee of the WWE Board appointed Stephanie McMahon to serve as interim CEO and interim Chairwoman.
I have also pledged to accept the findings and outcome of the investigation, whatever they are," Mr McMahon said in a statement.