Baseball-Part owner, CEO Derek Jeter bid farewell to Marlins

PHOTO FILE: Derek Jeter attends Nickelodeon
FILE PHOTO: Baseball player Derek Jeter attends Nickelodeon’s “Kid’s Choice Sports 2015” in Los Angeles July 16, 2015. REUTERS/Phil McCarten/

February 28, 2022

By Steve Keating

(Reuters) – Derek Jeter has sold his stake in the Miami Marlins and stepped down as the team’s chief executive officer, the Major League Baseball club announced on Monday.

Jeter, who has won five World Series titles in a distinguished career in the Hall of Fame as a player for the New York Yankees, received 4% interest in the team in 2017 and oversees operations. daily.

“Miami Marlins and Derek Jeter today announced that they have agreed to formally end their relationship,” Bruce Sherman, Marlins president who led the ownership group, said in a statement on “Marlins thanks Derek for his many contributions and wishes him luck in his future endeavours.

“We have a dedicated team of talent that will oversee both business and baseball decisions while we work to identify a new CEO to lead our franchise.”

In a statement, Jeter indicated that the reason he left was because he was unhappy with the direction of the team.

“We had a vision five years ago to turn the Marlins franchise around, and as CEO, I’m proud to put my name and reputation first to transform it,” said Jeter. our plan came true,” said Jeter. “Through hard work, trust and accountability, we have transformed every aspect of franchising, reshaped the workforce, and developed a long-term strategic plan to achieve success. be successful.

“That said, the vision for the future of the franchise is different from the one I signed up to lead,” he said, adding, “Now is the right time for me to step into a new franchise.” side when the new season begins.”

Jeter did not provide details about the team’s plans, which he disagrees with.

The Marlins finished fourth in last year’s National League East. The team has done post-season once during Jeter’s tenure, a key position in 2020.

MLB Commissioner Rob Manfred praised Jeter for his work with the Marlins, including hiring Kim Ng as the first female general manager.

“Derek is a winner on and off the pitch,” Manfred said in a statement. “In addition to his valuable contributions as office executive, Derek is a highly respected voice on our Competition and Diversity Committee.

“He helped build a talent front office with the Marlins, including driving the game forward by hiring women into leading roles in the club’s baseball operations and leadership. executive leadership, and a foundation that has positioned Marlins for long-term success,” said Manfred.

“Derek is a mainstay in our game and we look forward to his contributions to Baseball going forward.”

(Reporting by Steve Keating in Toronto; Editing by Bill Berkrot) Baseball-Part owner, CEO Derek Jeter bid farewell to Marlins


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