Sept. 14, 2011GIANTS PAGE GIANTS VIDEOCSNBayArea.com staff
Giants managing general partner and chief executive officer Bill Neukom will not return to that position in 2012, according to a report in the San Jose Mercury News.
The story reports that Larry Baer, the team's president and chief operating officer, will take over CEO duties following Neukom's departure.
Neukom took over control of the team from Peter Magowan In October 2008. Magowan had held the title of Giants managing general partner since 1993.
Magowan was credited with saving the franchise from moving to St. Peterburg, Fla. in 1993 but it was Neukom who was in the No. 1 chair when the Giants won the 2010 World Series, their first in San Francisco.
He spent 17 years as Microsoft's general counsel and chief legal officer, managing the company's legal, governmental affairs and philanthropic activities.
The team ownership is led by 32 individuals with the title Principal Partners. Among that group is a 10-person Executive Committee with the power to appoint the managing general partner.
The Giants currently trail the NL West-leading Arizona Diamondbacks by eight games with 13 to play, making it unlikely they will reach the postseason a year after standing atop the baseball world.