Posts Tagged ‘Resignation’

Vince McMahon has sensationally stepped down as WWE CEO.

Stephanie McMahon has been named Interim CEO and Chairwoman of the company as the WWE’s board of directors continue their investigations into misconduct allegations that were reported by the Wall Street Journal this week.

In statements released via WWE Corporate, the company announced the following:

Stamford, Conn. – WWE (NYSE: WWE) and the Board of Directors today announced that 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 will retain his role and responsibilities related to WWE’s creative content during this period and remains committed to cooperating with the review underway.

On accepting the role and the ongoing investigations, Stephanie said (h/t SEScoops):

“I love this company and am committed to working with the Independent Directors to strengthen our culture and our Company; it is extremely important to me that we have a safe and collaborative workplace. I have committed to doing everything in my power to help the Special Committee complete its work, including marshalling the cooperation of the entire company to assist in the completion of the investigation and to implement its findings”

Vince McMahon himself added:

“I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are”

As noted in the official statement, McMahon will remain directly related to WWE’s creative content, which perhaps explains murmurings following the news that tonight’s SmackDown would be “business as usual“.

Utah Jazz head coach Quin Snyder is stepping down after eight seasons in charge.

Snyder took over in Utah ahead of the 2014-15 season. He steered the team to a combined 372-264 regular-season record and six consecutive postseason appearances but failed to advance past the second round.

“At the core, and what drives me every day is our players and their passion for the game, their desire to constantly work to improve, and their dedication to the team and the Jazz,” Snyder said in a statement. “I strongly feel they need a new voice to continue to evolve. That’s it. No philosophical differences, no other reason. After eight years, I just feel it is time to move onward.

“I needed to take time to detach after the season and make sure this was the right decision. … I am forever appreciative of all the players, coaches, partners, and people I have worked with at the Jazz. Your sacrifice, your kinship have made this an incredible and special experience.”

The 55-year-old’s future in Utah was reportedly unclear after numerous conversations with the team’s ownership. His contract was set to expire after the 2023-24 campaign, though the front office reportedly offered an extension.

New York Knicks assistant coach Johnnie Bryant is one of several assistants around the league penned as early candidates to be the Jazz’s next head coach, sources told Shams Charania of The Athletic. Utah’s Alex Jensen, Boston Celtics’ Will Hardy, and Toronto Raptors’ Adrian Griffin are also apparently contenders to succeed Snyder.

Former longtime Portland Trail Blazers bench boss Terry Stotts is in the running as well, according to Charania. The Los Angeles Lakers reportedly considered Stotts for their recent head coaching vacancy before deciding on Milwaukee Bucks assistant Darvin Ham.

Snyder is expected to take a season off before accepting another head coaching role, according to basketball insider Marc Stein.

“Quin Snyder has embodied what Jazz basketball is for the last eight years,” Jazz owner Ryan Smith said. “The tireless work ethic and attention to detail Quin displayed each day is a testament to the professional he is. I have nothing but admiration for Quin and respect his decision.”

Snyder’s 372 wins and .585 winning percentage rank second only to the late Jerry Sloan (1,127, .623) in franchise history.

Dallas Stars head coach Rick Bowness is stepping down from his position, the team announced Friday.

Bowness’ contract expired at the end of the season. Assistant coaches John Stevens, Derek Laxdal, and Todd Nelson also won’t be returning.

“After careful consideration with my wife Judy, we feel it’s best to step away and allow the organization the opportunity to pursue a different direction at the head coaching position,” Bowness said in a statement. “I’d like to thank all the passionate fans and the dedicated staff for their support and hard work in my time here. It has been an honor for me, and my family, to represent the Stars and the city of Dallas.”

Bowness took over behind Dallas’ bench in December 2019. He led the Stars to the Stanley Cup Final during the COVID-interrupted season and earned a two-year extension as a result.

Dallas missed the playoffs the following campaign and was eliminated in the first round by the Calgary Flames in seven games this spring.

Bowness has coached 639 games in the NHL with the Winnipeg Jets, Boston Bruins, Ottawa Senators, New York Islanders, and then-Phoenix Coyotes. The 67-year-old has also served as an assistant coach with the Vancouver Canucks and Tampa Bay Lightning.

The Stars are now the fifth NHL team with a head coaching vacancy, joining the Jets, Philadelphia Flyers, Detroit Red Wings, and Vegas Golden Knights. Four other clubs – the Montreal Canadiens, Chicago Blackhawks, Florida Panthers, and Edmonton Oilers – have an interim coach in place.

Barry Trotz, who was recently let go by the New York Islanders, is considered to be the most attractive coaching candidate on the market.

David Morehouse often used the term “Ron and Mario” when executing the duties of his position as CEO and president of the Pittsburgh Penguins.

He leaned on that phrase to sing the praises of co-owners Ron Burkle and Mario Lemieux and their roles in elevating the Penguins from a bankrupt organization into one the class franchises of the NHL.

In all reality, Morehouse directed most of the initiatives that allowed the Penguins to make that transformation.

Lemieux and (especially) Burkle provided the finances to make those changes. Morehouse orchestrated them.

On Wednesday evening, Morehouse’s 16-year-tenure with the Penguins ended.

At roughly 7:30 p.m., the team announced Morehouse had resigned from his position.

No reason was given for the decision, but the move comes nearly five months after Fenway Sports Group formally took over as the majority owner of the franchise.

Brian Burke, president of hockey operations, and Kevin Acklin, chief operating officer and general counsel, will oversee the day-to-day operations of the franchise. There was no word on a permanent replacement.

Morehouse’s departure comes with one game remaining on the Penguins’ regular-season schedule and the start of the playoffs less than a week away.

The 61-year-old Morehouse initially joined the Penguins as a consultant in 2004 before being named as president in 2007. He took on CEO duties in 2010.

During his tenure, the Penguins took won the Stanley Cup three times (2009, 2016 and 2017) while making the postseason for a franchise-record 16 consecutive seasons.

Off the ice, Morehouse, a native of Beechview, directed the franchise’s overall direction.

Having served in a variety of roles in President Bill Clinton’s administration, Morehouse oversaw the franchise’s negotiations with local and state government officials for a new arena. By 2010, the Penguins moved into the former Consol Energy Center, which is now known as PPG Paints Arena.

The revenue generated by a modern venue is a virtual means of survival for all major professional sports franchises.

He also helped the franchise develop a new state-of-the-art practice facility with UPMC in Cranberry, which opened in 2015.

Such facilities allow NHL franchises to offer competitive bids to host international events such as the World Cup of Hockey.

Several grassroots initiatives to develop the sport took place under Morehouse’s watch as well, including the construction of several dek hockey rinks in the area as well as the creation of youth programs.

Morehouse issued a statement through the team.

“I want to thank Ron Burkle and Mario Lemieux for taking a chance on me in 2007 and giving this Pittsburgh kid the dream of a lifetime to run his hometown hockey team. During those 16 years I’ve been lucky enough that this never felt like a ‘job.’ It always felt like a partnership – with ownership, players, coaches, staff, and Pittsburgh fans. We had some incredible times together, including three Stanley Cups and watching Pittsburgh turn into a true hockey town.

“Most importantly I want to thank my family for the support they have given me during this time.

“I’m confident that the Penguins’ future is in good hands with Fenway Sports Group. The new ownership group prioritizes winning and that has always been the philosophy of the Pittsburgh Penguins. They have experience running successful franchises and we have some of the best staff in sports already in place. Together, the legacy of the Penguins is sure to continue.”

Doug Wilson is stepping down as general manager of the San Jose Sharks, he announced Thursday.

“These past 19 years … have been a privilege and one of the most fulfilling and enjoyable periods of my life,” Wilson said. “I have been incredibly fortunate to work for and with some of the most talented and passionate people in the game of hockey.”

The 64-year-old has been on medical leave since November. Assistant general manager Joe Will will continue to serve as interim GM until a new hire is in place.

“While I have made great progress over the last several months, I feel it is in the best interest of the organization and myself to step down from my current duties and focus on my health and full recovery,” Wilson said. “I look forward to continuing my career in the NHL in the future.”

Since Wilson took over as GM in 2003, the Sharks have earned 14 playoff berths, five division titles, and one Stanley Cup Final appearance. Only the Boston Bruins and Pittsburgh Penguins won more regular-season games than the Sharks during Wilson’s run, and only the Bruins, Pens, and Tampa Bay Lightning won more postseason contests.

Wilson made several savvy moves during his tenure, including one of the most lopsided trades in NHL history. In November 2005, he acquired Joe Thornton from the Bruins in exchange for Marco Sturm, Brad Stuart, and Wayne Primeau. Thornton went on to win the Hart Trophy that season and holds the franchise record for most assists.

Some of Wilson’s other notable moves include drafting future captain Joe Pavelski in the seventh round in 2003 (his first draft as GM) and trading Charlie Coyle, Devin Setoguchi, and a first-round pick to the Minnesota Wild in 2011 for future Norris Trophy winner Brent Burns and a second-rounder.

“If there’s one name you could think that’s built this franchise from the bottom up, it’s Doug Wilson,” Sharks head coach Bob Boughner told NBC’s Sheng Peng.

Sharks owner Hasso Plattner stated he’ll immediately lead “an extensive, external search” for a new GM alongside Will and team president Jonathan Becher. No timeline has been set.

The Sharks missed the playoffs just once in Wilson’s first 15 seasons but currently sit seventh in the Pacific Division and are on track to miss out for a third straight year. Veteran defenseman Erik Karlsson said the team should feel “uneasy” in light of Wilson’s decision.

“If they bring in someone new, we all know what that means,” Karlsson said, according to The Mercury News’ Curtis Pashelka. “We’re in a position right now where we haven’t done very well for an extended period of time. … Things are going to change, things are going to have to change.”

Derek Jeter announced he’s stepping down from his position as the chief executive officer of the Miami Marlins.

“We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality. … That said, the vision for the future of the franchise is different than the one I signed up to lead,” Jeter said in a statement Monday. “Now is the right time to step aside as a new season begins.”

Jeter’s decision to leave had to do with the team’s payroll, according to Joel Sherman of the New York Post. The 47-year-old was reportedly under the impression the club would have another $10 million to $15 million to spend on the 2022 roster heading into the lockout before plans changed.

Marlins shortstop Miguel Rojas praised Jeter for choosing to step down.

“The integrity of this guy is one of the (things) he showed me and sticks out with me during the last four years. … This is what leaders do,” Rojas wrote on Twitter.

Los Angeles Dodgers third baseman Justin Turner also chimed in on Jeter’s departure.

Marlins general manager Kim Ng will take charge of baseball operations, while chief operating officer Caroline O’Connor will lead the business side, according to Joe Frisaro of Man On Second Baseball.

Jeter joined the Marlins when Bruce Sherman’s ownership group purchased the club in 2017. Miami went 218-327 during the regular season under his watch. However, the team made a surprise run to the National League Division Series during the pandemic-shortened 2020 campaign.

The Yankees legend and Hall of Famer was at the helm when Miami traded then-reigning NL MVP Giancarlo Stanton to New York in December 2017, and when 2018 NL MVP Christian Yelich was dealt to the Milwaukee Brewers in January 2018.

Following the announcement, MLB commissioner Rob Manfred thanked Jeter for “moving the game forward by hiring women in top roles in the club’s baseball operations and executive leadership, and (positioning) the Marlins for long-term success.”

Tamika Catchings is stepping down as vice president of basketball operations and general manager of the Indiana Fever, the team announced Monday.

The franchise’s most storied player, who helped Indiana win a WNBA championship in 2012 and was inducted into the Basketball Hall of Fame last year, had held the front-office positions since 2017, and the team has struggled under her leadership.

“While change is never easy, now it’s time to take a step back from my role as general manager, take a well-earned rest, and prioritize my family, my philanthropy, our community, and my other passions,” Catchings said in a statement. “The opportunity to be drafted into this world-class Fever organization, to be embraced by these amazing owners, fans, coaches, teammates and community, and to be given the chance to grow as an executive leader has been a true blessing.”

Catchings will be replaced by Lin Dunn, who coached Indiana’s championship-winning squad.

Indiana has finished out of the playoffs every season since Catchings retired in 2016. The team’s last two first-round draft picks — Lauren Cox and Kysre Gondrezick — were both cut by the organization before they had a chance to develop. Cox now plays for Los Angeles and Gondrezick was recently signed by the Chicago Sky.

The Fever have the No. 2 pick in the April draft after winning just six games each of the past two seasons.

“Tamika has been instrumental in making the dream of professional sports a reality for future generations of female athletes. And as a core member of the Fever executive team since 2017, she has helped strengthen the Fever basketball brand while reinforcing the organization’s commitment to our most vulnerable communities,” Pacers Sports & Entertainment owner Herb Simon said in a statement.

“Tamika is a fierce competitor, a Hall of Famer in every sense, and she will always be a part of our family. I look forward to watching her excel and grow in whatever pursuits come next.”

Sean Payton stepped down as head coach of the New Orleans Saints on Tuesday but didn’t rule out an eventual return to the sidelines.

“I still have a vision for doing things in football, and I’ll be honest with you, that might be coaching again at some point,” he said. “I don’t think it’s this year – I think maybe in the future, but that’s not where my heart is right now.”

Payton coached the Saints for 15 seasons and established himself as one of the most creative offensive minds in the NFL. His offense ranked in the top 10 in scoring 12 times. He posted a 152-89 record in the regular season and went 9-8 in the playoffs with a Super Bowl title in 2009. He was Coach of the Year in 2006.

The 58-year-old sat out the 2012 season while suspended for his involvement in the Saints’ bounty scandal.

The veteran coach denied reports that media outlets coveted him, though he acknowledged he’d be open to a role in broadcasting.

“I think I’d like to do that,” he said. “I think I’d be pretty good at it.”

Payton is under contract through 2024, so any team that wants to hire him before then would have to trade for his rights.

His exit leaves the Saints with another major question mark going forward. New Orleans has yet to find a long-term replacement for retired quarterback Drew Brees and is projected to enter the offseason approximately $74 million over the salary cap, according to Over The Cap.

Injuries devastated New Orleans’ 2021 season, forcing the team to start four different quarterbacks. The Saints finished the year 9-8, their fifth straight winning campaign.

With Payton’s departure from New Orleans, nine NFL teams need a new head coach.

Pittsburgh Steelers general manager Kevin Colbert is expected to step down from his longtime role following the 2022 NFL Draft, sources told Ian Rapoport and Tom Pelissero of NFL Network.

Colbert will likely retire after his contract ends following April’s draft.

It’ll seemingly be a seismic shift for the Steelers this offseason, with quarterback Ben Roethlisberger also expected to leave the team after 18 seasons with the AFC North club.

Colbert and Roethlisberger guided Pittsburgh to Super Bowl glory during the 2005 and 2009 seasons.

The general manager is widely regarded as one of the NFL’s premier talent evaluators.

Colbert’s best draft picks include Roethlisberger, Hall of Fame safety Troy Polamalu, center Maurkice Pouncey, pass-rusher T.J. Watt, receiver Antonio Brown, running back Le’Veon Bell, and defensive lineman Cam Heyward, among others.

The 65-year-old has compiled a 225-124-3 record across 22 seasons in Pittsburgh, with a Week 18 matchup against the Baltimore Ravens still to be played. The team posted a losing record just once (6-10 in 2003) under Colbert.

The 8-7-1 Steelers can still snag a wild-card spot with a win but also need significant help in the final week of the regular season.

Paul Maurice has resigned as head coach of the Winnipeg Jets, the team announced Friday.

Assistant coach Dave Lowry will take over duties on an interim basis. Winnipeg is 13-10-5 this season.

Maurice told reporters Friday morning it was his decision to step down.

“This is a good team, I’m a good coach … But sometimes you can only push so far,” Maurice said, per Sportsnet’s Elliotte Friedman. “Sometimes a team needs a new voice. They haven’t quit on me but need a different voice. It’s the right time for it, and I know that.”

“I love these guys. I love this place. I know that it’s time, and that’s a good thing for the Jets. It’s also a really, really good thing for me,” Maurice added, according to NHL.com’s Nick Cotsonika.

Maurice signed a three-year extension in 2020 worth $3 million per season, according to CapFriendly.

The 54-year-old took over as Jets head coach in 2014. He’s overseen 600 games for the franchise, accumulating a 315-223-62 record and five postseason appearances.

Maurice ranks sixth in NHL history with 775 victories. He broke into the league with the Hartford Whalers in 1995 and stuck with the franchise when they became the Carolina Hurricanes, until 2003-04. Maurice then spent two seasons with the Toronto Maple Leafs and had a second stint with Carolina before landing with the Jets.