WWE's Vince McMahon resigns over sex assault lawsuit

WWE co-founder Vince McMahon resigned on Jan 26, 2024, from his role as executive chairman of TKO, the parent group of the pro wrestling juggernaut, after a lawsuit accusing him of sexual misconduct. Photo: AFP

Vince McMahon resigned from wrestling giant TKO Group and the subsidiary WWE that he founded, over a lawsuit accusing him of sexual assault and trafficking, which he said he will fight, the company said on Friday.

"I have decided to resign from my executive chairmanship and the TKO board of directors, effective immediately," McMahon said in a statement released by TKO.