--- The Phoenix Coyotes
announced today that Jeff Shumway has resigned as Chairman and Chief Executive Officer of the club. Shumway has relinquished his duties in order to focus solely on managing the other business ventures of team owner Jerry Moyes as president of Deer Valley Capital. Shumway had served as CEO of the Coyotes since joining the organization on April 13, 2006.
Moyes will now serve as the Coyotes' Governor on the National Hockey League (NHL) Board of Governors. Coyotes President and Chief Operating Officer Douglas Moss and Executive Vice President and General Manager Don Maloney
will now report directly to Moyes.
Commenting on these changes, Jerry Moyes stated, "Jeff has done a great job in managing the team for me but right now I need him to focus on some of my other projects. Doug Moss and Don Maloney
have the team moving in the right direction and I will work closely with them as we move forward."