Packers Approve Ed Policy to Be Future President & CEO
The Green Bay Packers' board of directors recently approved Ed Policy to succeed Mark Murphy as the future President and CEO of the Packers. Policy is set to begin the position in July 2025. The Packers impose a mandatory retirement on their President and CEO when that person reaches seventy years old.
The #Packers board of directors voted unanimously this morning to approve Ed Policy as the franchise’s new president and CEO, per sources — a move that will make Policy the de facto owner of the NFL’s only community-owned franchise, starting in July 2025.
— Tom Pelissero (@TomPelissero) June 24, 2024
Mark Murphy is… pic.twitter.com/ruXK50WDoR
In his first comments to reporters since the selection of Ed Policy as his successor was announced, #Packers president/CEO Mark Murphy says he has confidence in the organization's future.
— WLUK-TV FOX 11 (@fox11news) June 28, 2024
Full story: https://t.co/brofRjwDJs pic.twitter.com/JISoj34Okj
Murphy has since conducted an interview commenting on his future successor. Right now, Policy is fifty-three years old. Hypothetically, he is set to take the position over at age fifty-four and would be eligible to hold the position for sixteen years until the mandatory retirement age of seventy years old.
The Packers have a one-of-a-kind ownership structure in the NFL being the only team to be publicly owned. The Packers' President and CEO acts as the default owner for the franchise. Based on social media reactions, it seems many fans are excited as many fans were questioning Murphy's performance in the role and believed it was time for a change. The Packers will now seek to continue their consistent competitiveness for years to come under the future leadership of Policy.
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By: SportsLifeMoney™ Staff
