Breaking news:Packers appoint a new CEO…

The Green Bay Packers will soon have a new leader. The franchise announced Wednesday that it has begun the process of selecting its next CEO. Mark Murphy, who has served as Packers president and CEO since 2007, plans to officially retire in July 2025 when he turns 70, the mandatory retirement age for the position as required by the organization’s bylaws.Susan Finko, Vice President of the Packers Executive Committee, is Chair of the Hiring Committee of the Packers Board of Directors. “Mark’s contribution to the organization has been tremendous,” Finco said in a statement.

 

“From renewing the company’s leadership structure, to growing and diversifying revenue, to expanding the Packers’ significant impact in the community, Mark continues to lead the Packers to success. “We look forward to his visionary leadership over the next year and a half.”The search committee also includes Dan Ariens (Vice President), Mike Simmer (Treasurer, Executive Committee), DJ Long (Executive Committee, Personnel and Compensation Committee), Marcia Anderson (Executive Committee), Carl Schmidt (Executive Committee) and Michael Barber . (Chairman of the Packers Foundation), Jeff Joerres (Chairman of the Investment Committee), Eddie Garcia (Former Player, Board Member), Robin Davis (Board Member) and Mike Daniels (Board Member).The group hired national search firm Korn Ferry to help find Murphy’s replacement. The hiring process will take six to nine months, and the CEO will work with Mark Moufi during the transition period.potential candidateThe most likely candidate for the position is Ed Polish, 53, the Packers’ current chief operating officer (COO) and general counsel. But the franchise is also exploring external alternatives.procedureMark Murphy is a former NFL player who played for Washington from 1977 to 1984. He began his career in sports administration in 1992 as Colgate’s athletic director. He served as Northwestern’s athletic director for five years before being tapped by the Packers in 2007 to replace Bob Harlan, who had been team president since 1989.

 

During Murphy’s tenure, the Packers won Super Bowl XLV. The franchise also built the Titletown district and has the option to host the 2024 NFL Draft in Green Bay. structureThe Packers have a unique ownership structure that cannot be replicated in today’s NFL. Founded in 1923 by the Green Bay Packers, Inc., a publicly traded non-profit organization. Get over it. The Packers are currently owned by 537,460 shareholders.The group is represented by a management committee consisting of seven members elected by the Board of Directors. The CEO and president-elect represent the franchise at NFL owners meetings and other league functions, effectively acting as owners.

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