MLB Giants Clear Up Structure With Greg Johnson Taking Control
MLB Giants co-Owner Charles Johnson is set to hand the most powerful position in the organization over to his son, Greg, and the team's ownership structure is "finally coming into clear focus" after years of "obfuscation and confusion," according to Al Saracevic of the S.F. CHRONICLE. It is a "seemingly dry corporate governance move that is actually fascinating." For the first time in its post-'92 history, "one of the actual owners of the team is stepping forward to take responsibility" as control person. The Giants now will "move from a loosely governed group structure, to a top-down vertical corporate model." That "sure sounds like a new sheriff in town," as Greg Johnson will be the "man in charge." The moves mean Giants President & CEO Larry Baer will "not be the face of ownership," but he will "likely remain a key part of the management team, running operations." How that works "remains to be seen." Regardless, the Giants at "long last" have a "real, live owner-type at the top of team letterhead" (S.F. CHRONICLE, 11/23).