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Banner Replacing Holmgren as Cleveland Browns CEO, ESPN Reports

Banner Replacing Holmgren as Cleveland Browns CEO, ESPN Reports
Former Philadelphia Eagles President Joe Banner will be named the Cleveland Browns chief executive officer, and current president Mike Holmgren will be forced to leave the organization, ESPN reported. Source: NFL Photos via Getty Images

Oct. 16 (Bloomberg) -- Former Philadelphia Eagles President Joe Banner will be named the Cleveland Browns chief executive officer, and current president Mike Holmgren will be forced to leave the organization, ESPN reported.

E-mails and telephone messages left for Banner and team spokesman Neal Gulkis were not immediately returned.

The news comes the same day that National Football League owners approved Jimmy Haslam’s $1 billion purchase of the Browns franchise from Randy Lerner. The sale will close Oct. 25; the front office shake-up will happen before then, the cable network reported, citing people it didn’t identify.

Holmgren, who coached the Green Bay Packers and Seattle Seahawks, joined the team in January of 2010. Banner was with the Eagles from 1994 until he stepped aside in June.

The Browns are 1-5 and in last place in the American Football Conference’s North Division. Cleveland has gone to the playoffs once since returning to the NFL in 1999 and hasn’t had a winning season since 2007.

To contact the reporter on this story: Curtis Eichelberger in Wilmington, Delaware at ceichelberge@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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