WWE Chairman and CEO Vince McMahon retires at 77

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Former WWE Chairman and CEO Vince McMahon. He announced his retirement amid sexual assault claims./COURTESY

World Wrestling Entertainment (WWE) Chairman and CEO Vincent Kennedy McMahon has retired from the world of wrestling.

Through hhis official Twitter page, Vince McMahon thanked the WWE universe while announcing his retirement.

McMahon, a professional wrestling promoter, debuted in the wrestling world as a commentator in 1969 then later as a wrestler in 1998.

McMahon’s retirement comes amid allegations of sexual harassment.

Stephanie McMahon who has taken over as interim CEO and Chairwoman of WWE following her father Vince McMahon’s retirement./COURTESY

His daughter Stephanie McMahon, also a former wrestler, was appointed to serve as interim CEO and Chairwoman.

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