Bill Neukom Steps Down as Giants CEO, Says He Wasn't Pushed Out

Bill Nuekom is out as Giants CEO and Managing Partner, President Larry Baer is in. What does that all mean for the Black an Orange?

  • Live
4 Total Updates since September 15, 2011
  • Updates 3
  • Articles 1
  • All Updates 4

Bill Neukom's Resignation Letter Shows His Heart Really Is In San Francisco

Even as the San Francisco Giants’ General Managing Partner and CEO Bill Neukom gets ready to ride into the sunset, his poise and sincerity are unshaken. So much so he took the time to write a letter to Giants fans Thursday after his press conference, getting right to the heart of the people and showing how much his time within the Giants organization has meant to him.

Neukom has been a part of the Giants since he was young, and understands the rich history the team has as well as the fans themselves:

In many ways, the Giants are a community asset in the same way a museum or symphony are part of the fabric of a city. Those of us who are fortunate to work for an organization as special as the Giants are in fact “stewards” of an entity that belongs to the broader community – to each of you. It has been a privilege to lead the organization and to work with a talented group of individuals who have dedicated their lives to stewarding this civic treasure.

The former Microsoft lawyer accomplished a lot during his tenure as CEO and General Managing Partner, and in a sense is leaving on the top of the world. He helped bring a World Championship to the City, brought the masses to the ballpark night after night, and returned the winning culture to this historic franchise:

Together, we have accomplished a number of objectives – returning to winning baseball, instituting professional managements systems, integrating the business and the baseball operations, creating strong attendance and revenue momentum, and, of course the ultimate objective of bringing a World Championship to San Francisco. In sum, the state of the Giants is stronger than ever.

Even as Chairman Emeritus in 2012 Neukom will be around the team a lot, mostly in the stands hopefully. He plans on being a season ticket holder even though he’s divesting his 20% stake in the team, sticking with his team like a true fan:

It has truly been an honor to stand shoulder to shoulder with you to root for our favorite team. I thank you for sharing your passion and, most importantly, your generosity.


VIDEO: Understanding 'The Giants Way' By Bill Neukom

Being the CEO of a baseball team is an incredibly crucial position, because your daily decisions trickle down to effect a lot of people's lives. Former San Francisco Giants CEO and Managing Partner Bill Neukom fully understood this, and was in part the reason he decided to create 'The Giants Way;' a simple handbook created by Nuekom on how "to articulate a successful baseball program and successful business program."

The 3 page pamphlet if you will explains what it takes on and off the field to have a winning franchise is all senses of the word. From the minor league affiliates to the season ticket holders, from the most casual of fans to the families of the players, taking care of all of them was vital to the success of the franchise. Neukom also has a firm understanding of the business side of the game as well, and talks about how important it is to integrate the two sides of the game into a tangible product that is a long-term winner, not a flash in the pan. 


Inside The Giants' Way (via lscottvideo)


Bill Neukom Too Much for Giants Investors to Handle

If you watched any of Bill Neukom and Larry Baer's press conference Thursday at AT&T Park, it was obvious that only one person is comfortable with where they stand know; and that's Bill Neukom. 

Even as he essentially was pushed out of the job he loves, after helping to bring AT&T Park to the Cove, the first World Series Title in the City's history, a 70 game and counting sellout streak, and skyrocketing the Giants franchise into the stratosphere in terms of money made, Neukom was his calm and collected self, always smiling and willing to answer anything asked of him. 

Baer wiggled and squirmed with questions about payroll and free agency, giving prepared, P.C. responses knowing full well his new 'boss' are the rest of the ownership board that just gave Neukom the axe. Terms like "robust communication" were used to describe Neukom and the rest of the partnership's relationship, and mentioned no "precipitating event" to his untimely release "to his knowledge." Yet it's rather evident that something transpired to cause this sort of discord, but where did it come from?

Well, as Ray Ratto points out, it likely came from the Burns sisters, daughters of the deceased Harmon Burns, the silent majority shares holder:

Neukom, who came into the big chair because Peter Magowan forgot how to keep the rest of the owners acknowledged, amazingly made the same mistake. And both times, the linchpin for that dissatisfaction came from the Harmon Burns family.

Burns was the silent partner with the most money in the game, and he didn't mind Magowan running the shop alone. His wife Sue, who took over his 35 percent of the club (give or take a receipt) upon his death, did want to be consulted more, and had the most shares to make change happen.

Now, because the math is roughly the same, the Burns'  daughters, Trina Dean and Tori Burns, had to be among those disaffected by Neukom's style. In short, nothing this momentous could have happened without their approval, if not instigation. There is no other big-piece investor to force his or her will.

As for Larry Bear, Ratto feels that his place "atop the food chain" is either "temporary, cosmetic, or both," though Baer himself claims this to be "business as usual" and that there won't be any philosophical turnaround.  

Here are a few other important points from Thursday's press conference: 

--Neukom said during the presser than he plans on divesting from the Giants to open up other possible opportunities, but still remaining a season ticket holder. 

--His status as chairman emeritus in 2012 will leave him the opportunity to take part in some organizational work, but likely is more just a working titile that he will "try out for a year" meaning he likely won't return after next year.  

-The 'rainy day' fund spoken of in Mark Purdy's original piece was not an issue according to Neukom, claiming the Giants have 'ample reserves' for such a time, but didn't mention if that was a factor to the rest of the ownership.

--There was no 'precipitating event' that caused the board to pull the plug on Neukom, but he would add "to my knowledge" at the end of it, leaving it wide open for speculation, and in some regards makes me feel that there most certainly was.

--New CEO Larry Bear essentially diverted any baseball related question away from himself and said decisions of that nature will be based on "the recommendations of [Brian] Sabean. 

Many a Giants fan (including myself) hopes to see Mr. Neukom around AT&T still as a ticket holder, because even without the title of CEO he still is one of the most passionate fans the Black and Orange have. His regin with the team was very short, yet he made some of the biggest impact on the franchise and it's fans during that time. 

Stay with SB Nation Bay Area as more on this story unfolds. 

Log In Sign Up

Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.




Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.