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Packers to transition to new CEO/president Ed Policy at annual shareholders meeting

The Green Bay Packers will formally transition from Mark Murphy to Ed Policy as the team's CEO and president during the annual shareholders meeting, which is set for Friday, July 25 inside Lambeau Field.

The mandatory retirement age of 70 arrives for Murphy on July 13. He has served as CEO and president of the Packers since Jan. 28, 2008.

"I look forward to Ed taking over leadership of the Packers. He's been a tremendous asset to the organization and I'm confident he will be an excellent steward in the role," Murphy said in a press release.