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BILL GILES STEPS DOWN AS PHILLIES' PRESIDENT & CEO

          Bill Giles relinquished his post as President & CEO of
     the Phillies on Friday and David Montgomery was named to
     fill the position, according to Jim Salisbury of the
     PHILADELPHIA INQUIRER.  Montgomery will be responsible for
     the daily operations of the club, with all department heads
     "answering to him."  Giles will stay on as team Chair and
     retain his ownership interest, "believed to be about" 20%. 
     Salisbury adds that Montgomery's "ascension means that
     baseball has one less mom-and-pop store" (PHILADELPHIA
     INQUIRER, 6/21).  Also in Philadelphia, Ted Silary called
     the move a "bombshell," and wrote that Giles will "focus his
     efforts" on a new ballpark for the team.  Silary: "Like him
     or loathe him, there's no argument Giles has been a king-
     sized Philadelphia booster and extremely active in civic
     affairs" (PHILADELPHIA DAILY NEWS, 6/21).  The INQUIRER's
     Frank Fitzpatrick wrote that this season's "attendance
     dropoff almost certainly contributed" to Giles' resignation
     (PHILADELPHIA INQUIRER, 6/22).
          SPECULATION: The INQUIRER's Salisbury wrote that
     "[s]ome people close to the Phillies wonder if Giles wasn't,
     in essence, called on the carpet by his peers at the annual
     owners' meetings held last week in Philadelphia.  Some
     baseball management people have been troubled by the steady
     decline of the Phillies, a prominent-market franchise in a
     traditionally strong baseball town."  Salisbury adds that
     Montgomery "will bring greater accountability to the
     organization" (PHILADELPHIA INQUIRER, 6/22).  

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