Ottawa Redblacks president Jeff Hunt plans to step down from the role at the end of the year, the Ottawa Sports and Entertainment Group said Tuesday.

Hunt, an OSEG ownership partner, will continue to serve as the CFL team's alternate governor, an OSEG board member, and governor of the Ontario Hockey League's Ottawa 67's.

"I'm an entrepreneur and marketer at heart," Hunt said in a release. "The day-to-day operations of a business is not my favourite thing. We have many strong business people at OSEG and they don't need me checking up on them. As an OSEG partner, I'll still be up to speed on our teams and the business and have an opportunity to contribute to future growth and success."

Hunt partnered with local business leaders Roger Greenberg, John Ruddy, William Shenkman and John Pugh to form OSEG and the group was conditionally awarded a CFL franchise in 2008. The Redblacks made their debut in 2014.

"We're happy for Jeff," said OSEG chief executive officer Mark Goudie. "His ideas and entrepreneurial spirit were valuable assets during our start-up phase. Jeff has been passionate about our fan experience and I know he will continue to be an asset to OSEG at the ownership and board level."