Edmonton Oilers' president of hockey operations and general manager Peter Chiarelli is set to be named GM of the North American Young Stars team for the World Cup of Hockey.  He will be assisted by the vice-president and general manager of the Chicago Blackhawks, Stan Bowman.

A formal announcement, as well as plans for the tournament, will be unveiled at a news conference on Wednesday in Toronto.

Chiarelli has experience at the international level, having served as part of the management team for Team Canada at the 2010 and 2014 Winter Olympics.

The first World Cup competition since 2004 will feature national teams from the United States, Canada, Russia, Sweden, Finland and the Czech Republic. There will also be two all-star teams, one made up of the top 23-and-under North American players and another featuring the top NHL players from the European countries that aren't represented by their national teams, including Switzerland, Germany, Slovenia, Austria, Norway, Denmark and Latvia.

A lineup of 16 players must be submitted by March 1, 2016. The balance of each 23-man roster will be named no later than June 1, 2016, with training camps opening on Sept. 4, 2016.

The eight-team tournament will start on Sept. 17, and can run as late as Oct. 1. All games will be played at Air Canada Centre in Toronto.