David Morehouse is the Pittsburgh Penguins’ CEO.

PITTSBURGH Pittsburgh PenguinsDavid Morehouse, CEO, has resigned on Wednesday. This marks the end of 16 years with the franchise which included three Stanley Cup titles.

Morehouse didn't provide any explanation in a press release for his decision. Fenway Sports Group purchased the Penguins from Hall of Famer Michael Morehouse last fall. Mario LemieuxRon Burkle.

Morehouse released a statement saying that she was confident in the future of Fenway Sports Group and that she is certain that the Penguins will continue to thrive. “The new ownership group places emphasis on winning, and that is the Pittsburgh Penguins' ethos. They have the experience of running successful franchises. We have the best staff in sport. Together, we can ensure that the Penguins' legacy will continue.

Morehouse was a consultant to the team's arena project in 2004, and was hired in 2007 as team president. He was promoted to CEO in August 2010. Morehouse's tenure saw the Penguins win the Stanley Cup in 2009 and 2016, 2016 and 2017, respectively.

Pittsburgh is also headed to the playoffs, marking the longest active streak of professional North American sports in North America. The Penguins are now one of the NHL's most popular teams. The home selling streak for the Penguins spanned from February 14, 2007 through October 16, 2021.

Brian Burke, team president, will be assisted by Kevin Acklin as Chief Operating Officer.

David presided over an era of greatness in every aspect. We are grateful to his leadership during this extraordinary period, overseeing record-breaking sellouts and Stanley Cup championships,” FSG chairman Tom Werner and John Henry, principal owner of FSG, said in a statement. David is a key player in making the Penguins one among the most successful teams in the NHL. We are grateful to him for his time, energy and love.

The Penguins, who lost against the Edmonton OilersThey will not be advancing into the postseason at all this year, despite being 5-1 on Tuesday night. They will face the other team in Round 1. New York RangersThe No. The No. Florida Panthers, the Eastern Conference's top seed.

This report was contributed by The Associated Press.

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