The Penguins, "mired in millions of dollars in debt,"
named "corporate turnaround specialist" J. Garvin Warden as
interim CEO on Friday, according to Dejan Kovacevic of the
PITTSBURGH POST-GAZETTE. Warden is currently Managing Dir
of Pittsburgh-based Cornerstone Capital Advisors.
Meanwhile, Penguins co-Owners Roger Marino and Howard
Baldwin "plan to end their equal partnership in the next few
days, with the help of NHL Commissioner Gary Bettman's
mediation." Kovacevic reported that it is "widely believed
that Marino will emerge with control of the franchise, and
it was telling, perhaps, that it was he who made the
announcement of Warden's hiring." Marino: "We need a go-to
guy at the senior management level, and Garvin comes very
highly recommended." The Penguins had been without a top
officer since Donn Patton was dismissed as team President in
February (Dejan Kovacevic, PITTSBURGH POST-GAZETTE, 8/1).
THE PENGUINS' QB: Marino was profiled Sunday by Bruce
Keidan under the header, "Penguins' Marino a power-play
specialist." Keidan: "He neither minces his words nor does
he always weigh them carefully before turning them loose."
Marino: "I'm not going to start to watch every word that I
say. People tell me I will ... in a couple of years. That
might be true. But I'm not going to become so close-mouthed
that I become paralyzed" (PITTSBURGH POST-GAZETTE, 8/2).
