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Entries with the tag: Jeff+Shumway

Phoenix Chariman Resigns

GLENDALE, Ariz.—- The Phoenix Coyotes announced today that Jeff Shumway has resigned as Chairman and Chief Executive Officer of the club.  Shumway has relinquished his duties in order to focus solely on managing the other business ventures of team owner Jerry Moyes as president of Deer Valley Capital.  Shumway had served as CEO of the Coyotes since joining the organization on April 13, 2006. 

Moyes will now serve as the Coyotes’ Governor on the National Hockey League (NHL) Board of Governors.  Coyotes President and Chief Operating Officer Douglas Moss and Executive Vice President and General Manager Don Maloney will now report directly to Moyes.

Commenting on these changes, Jerry Moyes stated, “Jeff has done a great job in managing the team for me but right now I need him to focus on some of my other projects. Doug Moss and Don Maloney have the team moving in the right direction and I will work closely with them as we move forward.”

Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
 Tags: Jeff+Shumway,

Coyotes CEO Says No Bankruptcy, No Plans To Sell Team

from Craig Harris of the Arizona Republic,

Phoenix Coyotes Chief Executive Jeff Shumway shot down a report this week that claimed the financially strapped desert dogs were facing a handful of doom-and-gloom options that include filing for bankruptcy.

A story in Toronto’s Globe and Mail said the Coyotes were expected to lose up to $35 million this season and owner Jerry Moyes may be forced to renegotiate the team’s lease at Jobing.com Arena with Glendale, file for bankruptcy protection or give the team to the National Hockey League.

Shumway said Moyes, who also owns trucking company Swift Transportation, has no intention of giving up the team, filing for bankruptcy or giving the Coyotes to the NHL.

continued

Filed in: NHL Teams, Phoenix Coyotes | KK Hockey | Permalink
 Tags: Jeff+Shumway,

     

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