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Greenberg Expected to Resign from Rangers

Ryan to assume CEO role

By Frank Heinz
|  Friday, Mar 11, 2011  |  Updated 1:32 PM CDT
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The Texas Rangers have confirmed that Chuck Greenberg is leaving the organization.

Reports of Greenberg's departure were first reported early Friday after a Star-Telegram report said he was expected to resign. According to the paper, Greenberg, who became the team's managing partner and CEO, was not involved in team functions over the weekend including a meeting with key advertisers.

Greenberg, in a statement released by the team, cited the different management styles between himself, Nolan Ryan and the Co-Charimen.

"While I am disappointed we did not work through our differences, I remain wholeheartedly committed to doing what’s right for the franchise. Together we concluded it is best for all concerned for me to sell my interest back to Rangers Baseball Express and move on," Greenberg said. "I do so with a heavy heart, but with every confidence in the direction that the new management team is taking the Rangers and, with Nolan at the helm, I know this franchise will continue to thrive and reach even greater heights both on and off the field.”  (Read the full statement from the team here).

According to the Rangers, team president Nolan Ryan will add the title of CEO and oversee all baseball and business operations for the organization, reporting directly to the team’s Board of Directors.

Greenberg quickly endeared himself to Rangers fans last summer when the ownership group began the months-long process of buying the team. Greenberg was the face of the ownership group and had a great relationship with fans in person and in social media.  On Greenberg's Facebook page, there are already dozens of comments from fans demanding an explanation from Greenberg about his departure.

Greenberg led the ownership group of more than a dozen people that bought the Rangers last August for more than $590 million.

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