Houston, TX (Sports Network) - The Houston Astros announced Monday that George
Postolos has resigned as the club's president and chief executive officer.
Postolos played an instrumental role in helping Jim Crane and his group
purchase the franchise. He worked with Crane for the past seven years in an
attempt to acquire a sports franchise and was the club's president and CEO
since November 2011.
"We appreciate George's hard work in the acquisition of the Astros and his
commitment to the organization," said Crane in a statement Monday. "I'd also
like to personally thank him for the assistance that he has provided to me
over the last several years and wish him the best of luck in the future."
Postolos will return to his consulting practice, advising investors on
acquisitions and strategy in major league sports.
The Sports Network