facebook
twitter
rss
account
search
search
 

Colangelo steps down as Diamondbacks CEO

Sept. 1, 2004 at 8:56 PM   |   Comments

PHOENIX, Sept. 1 (UPI) -- The Arizona Diamondbacks announced Wednesday that Jerry Colangelo had resigned as the team's chief executive officer, effective immediately.

Colangelo, however, will continue in the chairman's role through the 2005 season. Beginning on Jan. 1, 2006, he will carry the title of chairman emeritus.

Former sports agent Jeff Moorad will assume the CEO role on Oct. 15.

"We will forever be indebted to Jerry Colangelo for the role he has played in creating and building this great franchise, as well as his role in our community, the state of Arizona and Major League Baseball," Moorad said.

Colangelo has been the owner of four sports teams in the Phoenix area. He also has held a controlling interest in the NBA's Phoenix Suns, the Arizona Rattlers of the Arena Football League and the Phoenix Mercury of the WNBA.

© 2004 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
Adrian Peterson facing more child abuse allegations after details about 2013 incident come out Adrian Peterson facing more child abuse allegations after details about 2013 incident come out
2
Adrian Peterson reinstated, expected to lineup for Vikings on Sunday against Saints Adrian Peterson reinstated, expected to lineup for Vikings on Sunday against Saints
3
Cubs' Rizzo hits walk-off HR in return
4
O's top Blue Jays; magic number is 1
5
NFL hires domestic violence advisors
Trending News
Video
x
Feedback