So much for Tim Leiweke’s claim that he would be sticking around Maple Leafs Sports & Entertainment for a long time.
In reality, despite his denials of recent reports that his exit already was in the works, it seems he’ll already be gone just one year from now.
In a release sent out by MLSE on Thursday morning, the company revealed that Leiweke’s stint as president will continue “until June 30, 2015 or until a successor is appointed.” MLSE added that Leiweke is leaving to “pursue his goal of owning and operating his own business following his departure from MLSE.”
“It’s an honour to lead MLSE, a world-class organization in a city and a country so passionate about sports,” Leiweke said in a release. “But with new opportunities on the horizon, it’s time for me to begin the transition from sports and entertainment executive to entrepreneur.”
MLSE said it has already begun the hunt for a new chief executive to replace Leiweke, who only started the job 14 months ago.
“Under Tim’s leadership, MLSE has made a number of key moves to strengthen our organization on the path to championship success,” MLSE chair Larry Tanenbaum said in the release. “We look forward to working closely with Tim to build on this foundation and further accelerate our momentum as we seek a new leader for MLSE.”