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SBJ/August 22-28, 2011/Franchises
Warriors look to fill executive posts soon
Published August 22, 2011, Page 7
This month, the team has made major business-side changes. Dwayne Redmon, vice president of finance; Travis Stanley, executive vice president of marketing; and Neda Barrie, executive vice president of business operations have all left as Lacob works to put his own management in place.
Joe Lacob wants his top staff complete by mid-November.
“The first nine months of our ownership has been an extremely active period of time and, obviously, consisted of some change,” Lacob said in an email to SportsBusiness Journal. “However, we anticipate having our entire management group — on both the basketball and business side of the organization — in place by our official one-year anniversary. Our goal is to build a world-class organization from top to bottom.”
In July 2010, Lacob and co-owner Peter Guber paid a record $450 million for the Warriors. They won NBA approval of their purchase in November.
After the Warriors’ 2010-11 season ended in April, Lacob began an overhaul of the team’s basketball operations, replacing former coach Keith Smart with Mark Jackson; adding former Memphis Grizzlies and Los Angeles Lakers executive Jerry West as an executive board member; and hiring a new assistant general manager in Bob Myers.
This summer, Lacob, who will run the day-to-day operations of the franchise until he hires a new team president, has turned his attention to revamping the business side of the Warriors.
Marty Glick has been hired as chief financial officer of the team, and Lacob added Jim Weyermann as vice president of franchise development. Weyermann primarily is responsible for running the Dakota Wizards, the NBA Development League franchise bought in June by Lacob and Guber.
Lacob wants to hire a new team president by mid-November, which would mark a year since the team’s new ownership was approved. He did not disclose what kind of background he is seeking in candidates. Club officials did not comment on whether a search firm is being used to fill the post.