JUST NOW: Packers have finally find awaiting person for their position of CEO 2025.
PACKERS SET OFF TO FIND A NEW CEO, MURPHY SET TO RETIRED IN 2025
Mark Murphy, the CEO of the Green Bay Packers, will leave the company in July 2025 after reaching the obligatory retirement age of 70.
Murphy responded to an email from a Packers supporter by announcing the change on his team blog.
“Please vanish into the ether of retirement. You are disliked by everyone. You have never made a good executive,” wrote Tucson resident Justin M. “I hope the worst for you in your later years.”
“I appreciate you expressing your viewpoint, Justin,” Murphy answered. “Thank you also for the eleven more emails you provided me recently with related recommendations. You make your argument, I see. You’ll be happy to hear that our bylaws mandate my retirement in July 2025.
Since taking over as president and CEO in 2007, Murphy has led the Packers to 178 victories in the regular season, 12 postseason appearances, and one Super Bowl championship (2011). During Murphy’s leadership, the Packers also established a venture capital arm and created mixed-use real estate around Lambeau Field. The organization’s revenue for the previous year was a record $610 million.
Lead director and vice president of the Packers executive committee Susan Finco said in a statement, “Mark’s contributions to the organization have been tremendous.” “Mark continues to position the Packers for success, from updating the corporate leadership structure to growing and diversifying revenue to increasing the meaningful impact of the Packers in the community.”
The team on Wednesday revealed their committee to find a replacement for Murphy. Dan Ariens will be the vice chair and Finco the head of the search committee. Additional members of the search committee include DJ Long, a member of the executive, personnel, and pay committees; Marcia Anderson and Karl Schmidt, both executive committee members; and Mike Simmer, treasurer and a member of the Packers executive committee. Michael Barber, the chair of the Packers Foundation; Jeff Joerres, the chair of the investment committee; Eddie Garcia, a former player and board member-at-large; and two additional board members-at-large, Robyn Davis and Mike Daniels.
The club added that it will collaborate with Korn Ferry on the investigation. The committee anticipates that it will take six to nine months to nominate a candidate to the board of directors for approval. The Packers said that the chosen candidate will then collaborate with Murphy for a while.
