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PADRES MCGRORY TAPPED TO OVERSEE DEVELOPMENT WITH PRICE
Published July 10, 2000
The Padres announced Friday that Exec VP & COO JACK
MCGRORY will relinquish those responsibilities to become
President of Downtown Development, Inc., the newly-created
company that will manage $500M in assets for the team's real
estate dealings and entrepreneurial ventures in a
neighborhood now being created in the East Village section
of San Diego. McGrory will resume working with SOL PRICE,
for whom McGrory previously served as President of Price
Enterprises from September '97 to November '99. McGrory,
who will become a member of the Padres' BOD, will make the
transition to the new roles by mid-August (Padres). Padres
President LARRY LUCCHINO said that Downtown Development "may
be set up" as a Padres subsidiary or as a joint venture
between the team and Price. Lucchino, whose prostate cancer
surgery last October led to McGrory taking the team role,
said, "I really appreciate (McGrory) diving into this during
a tough time in my life" (SAN DIEGO UNION-TRIBUNE, 7/8).






