Maple Leafs Sports and Entertainment announced Thursday that president and CEO Tim Leiweke will leave the company.
Leiweke will remain with MLSE until June 2015 or until a successor is appointed.
"It's an honour to lead MLSE, a world-class organization in a city and a country so passionate about sports. But with new opportunities on the horizon, it's time for me to begin the transition from sports and entertainment executive to entrepreneur," Leiweke said, according to The Canadian Press. "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."