Vince McMahon is an American businessman, media proprietor, sports executive, and professional wrestling promoter. McMahon graduated from East Carolina University with a degree in business in 1968. McMahon has appeared on-screen for WWE since 1969, initially as a personable play-by-play commentator. In 1997, he adopted the character of Mr. McMahon, portrayed as an irascible, villainous, swaggering tyrant who obsessed over maintaining control of his wrestling company and often growled the catchphrase "you're fired!" when dismissing an employee. Following claims of hush-money agreements McMahon paid over alleged affairs with former WWE employees, McMahon stepped down as CEO and chairman of WWE in June 2022, pending the conclusion of an internal investigation. He was replaced by his daughter, Stephanie McMahon.