Tim Leiweke to Step Down as Maple Leaf Sports & Entertainment CEO

Maple Leaf Sports & Entertainment (MLSE) CEO Tim Leiweke has revealed he will step down from his position in 2015.

Leiweke has told the Maple Leaf Sports & Entertainment board he plans to continue in his role as CEO until June 30, 2015, or until a successor has been found.

“Under Tim’s leadership, MLSE has made a number of key moves to strengthen our organization on the path to championship success,” Larry Tanenbaum, chairman of MLSE, said in a statement Thursday morning.

“We look forward to working closely with Tim to build on this foundation and further accelerate our momentum as we seek a new leader for MLSE.”

The Toronto-based sports organization counts the NHL’s Maple Leafs, NBA’s Raptors, AHL’s Marlies and Toronto FC of Major League Soccer among its properties. 

“It’s an honour to lead MLSE, a world-class organization in a city and a country so passionate about sports,” Leiweke said. “But with new opportunities on the horizon, it’s time for me to begin the transition from sports and entertainment executive to entrepreneur. 

“Right now, my total focus is here at MLSE and I look forward to working with the Board and MLSE team to continue strengthening our franchises while ensuring a smooth transition to a new leader.”

The search for Leiweke’s successor is underway, MLSE said in the statement.