STAMFORD, Conn.—Wrestling icon Vince McMahon resigned Friday from WWE’s parent company the day after a former employee filed a federal lawsuit accusing him and another former executive of serious sexual misconduct.
McMahon stepped down from the his position as executive chairman of the board of directors at WWE’s parent company, TKO Group Holdings, according to a statement released late Friday. He continued to deny wrongdoing following the lawsuit filed by Janel Grant, who worked in the company’s legal and talent departments.
