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Bauer steps down as president of Stampeders

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The Canadian Press
1/23/2013 9:04:16 PM
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CALGARY -- Calgary Stampeders president and chief operating officer Lyle Bauer has resigned.

The CFL club issued a statement Wednesday saying Bauer stepped down because of "ownership restructuring."

The NHL's Calgary Flames increased their stake in the football team from five per cent to a majority last year.

"Lyle's decision to leave was based primarily on a significant change in roles and responsibilities given the benefits of new ownership synergy and infrastructure efficiency," Stampeders co-chairman John Forzani said in a statement.

Bauer will act as a consultant during the transition of executives, the Stampeders said.

"The team is in good hands to carry on our commitment to solid community ownership and high-performance football," Bauer said in the same statement.

The former CFL offensive lineman became president of the Stampeders in 2010 after nine years in the Winnipeg Blue Bombers organization.

Calgary Stampeders (Photo: CFL)

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(Photo: CFL)
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