Chris McGowan has announced he is resigning as President and Chief Executive Officer of the Portland Trail Blazers, reports Chris Haynes of Yahoo! Sports. Vulcan Sports and Entertainment (VSE) is responsible for the business operations of the Portland Trail Blazers, and McGowan also serves as its CEO. It remains unclear at this point in time as to what other roles McGowan may be stepping down from.
According to Haynes, Dewayne Hankins will replace McGowan as the president of the Trail Blazers. Hankins is in his ninth season with the organization, where he has served as an executive vice president and the Chief Commercial Officer.