The Minnesota Timberwolves and Lynx announced today that Rob Moor, who served as CEO for both franchises, is resigning from his position with the teams. Moor is transitioning to a role that will assist in the oversight of the holdings and business interests of Glen Taylor.
“I have been a part of the Timberwolves and Lynx organizations for over 20 years. I am extremely proud of the direction of the Timberwolves, and of the accomplishments of the three-time WNBA Champion Lynx,” said Moor. “It has been an honor to work with such a great group of fellow professionals.
“Glen has planned that the family assets will eventually move to a foundation,” Moor continued. “I am honored that Glen would select me to join a team that will be responsible for safeguarding those assets and seeing them continue to develop in the future.”
“As I continue preparations for succession planning, I recognize that our family’s assets have reached the point where a new approach needed to take place,” said Timberwolves and Lynx majority owner Glen Taylor. “The management and oversight over this diverse portfolio of companies requires more involvement by the family than they have in the past. Thus, I have asked Rob to join me in support of the oversight over these companies. Rob has worked with me since the beginning of my ownership of the Timberwolves and Lynx. Together, we have built a franchise that has a very promising future. His contributions, friendship and leadership are things that I will value in his new role and responsibilities.”
Moor’s replacement as Minnesota Timberwolves and Lynx CEO will be determined in the near future.
[Minnesota Timberwolves press release]
