The Spurs announced Wednesday that Peter Holt has retired as the organization’s chairman and CEO and that his wife, Julianna Hawn Holt, will become his successor in both roles.
Peter Holt held the positions of chairman and CEO since 1996, when the Holts became the organization’s largest shareholder.
Under the Holts, the Spurs became one of the top franchises in sports, capturing five NBA titles (1999, 2003, 2005, 2007 and 2014) and qualifying for the postseason for 19 consecutive seasons.
“On behalf of the Timberwolves organization, we would like to congratulate Peter Holt on a remarkable tenure as Chairman and CEO of the San Antonio Spurs,” said Minnesota Timberwolves owner and NBA Board of Governors Chairman Glen Taylor.
“He has guided one of the most premier franchises in North American sports over the last two decades in a way that the league can be proud of. We thank him for what he has meant to the NBA family and the contributions he has given not only to the Spurs organization, but the entire NBA and the game of basketball around the world.”
[ESPN, Minnesota Timberwolves]
