"In a release, the sports-entertainment company said a "Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation." McMahon's daughter, Stephanie, will serve as the interim CEO and chairwoman, WWE said."

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