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01/07/2009 3:47 PM ET
Former Pirates CEO Kevin McClatchy sells remaining shares in team
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The Pittsburgh Pirates today announced that former CEO and Managing General Partner Kevin McClatchy has sold his remaining shares in the team and, as a result, has stepped down from his position as member of the Pittsburgh Pirates board of directors.
"This was a personal decision that I felt was best to make at this time," said McClatchy. "I care deeply about this organization, the City of Pittsburgh and the people of this region. While I will no longer play a role with the club, I will always passionately support the team in any way that I can. I have a great amount of faith in Bob and his new leadership team. They are committed to restoring the organization to its rightful place among the elite franchises in Major League Baseball."
"While this move will mark the end of Kevin's direct involvement with the Pirates after more than 13 years, he will always remain a part of the Pirates family," said Pirates Chairman Bob Nutting. "He has made a lasting positive impact on the Pirates and our city. On behalf of the entire organization, I personally thank him for all he has done for the club and the City of Pittsburgh."
McClatchy's seat will not immediately be filled on the now five-person board.
Media requesting additional information should contact Pirates Senior Director of Communications Brian Warecki at (412) 325-4739.
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