According to the search results, Vince McMahon, the founder and majority shareholder of World Wrestling Entertainment (WWE), retired as CEO and chairman of the company in June 2022, pending an internal investigation into allegations of sexual misconduct and misuse of company funds. He was replaced by his daughter, Stephanie McMahon, who became the interim CEO and chairwoman of the WWE. McMahon returned to the company as a board member in January 2023 and agreed to reimburse the company for its expenses related to the investigation. In August 2023, federal law enforcement agents executed a search warrant and subpoenaed McMahon as part of the investigation into claims of sexual misconduct. Despite the allegations, McMahon engineered his return to the companys board of directors and reshaped it by forcing out some members, replacing them with his own allies, and using that new boardroom power to install himself in his old job as executive chairman. McMahons return coincided with the airing of some of WWEs biggest premium live events of the year.