Rob Moor, who had served as the CEO of the Minnesota Timberwolves and Minnesota Lynx since 2004, is stepping down from his high-ranking post, the Associated Press' Jon Krawczynski reported Friday.
The team announced Moor will move into a new position that helps owner Glen Taylor "in overseeing his business interests," per Krawczynski.
Krawczynski added that Taylor said he will hire a new CEO "in the near future."
The Timberwolves have undergone significant organizational changes of late, but those moves have had to do more with basketball operations than the financial side of the business.
Minnesota hired Tom Thibodeau as its new head coach and president of basketball operations in late April, and his arrival signaled the beginning of a potentially prosperous new era.
And according to Krawczynski, Moor's departure shouldn't affect the way the Timberwolves operate under the former Chicago Bulls boss:
As far as the future is concerned from an ownership perspective, a cloud of uncertainty continues to hover over the franchise.
In March, the As ...
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Article written by Alec Nathan
Rob Moor, CEO of Timberwolves and Lynx, Steps Down: Latest Details and Reaction
June 17th, 2016 by Alec Nathan Leave a reply »
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