The long-time owner steps down and relinquishes leadership to wife Julianna Hawn
After leading the Spurs ownership group for 20 years, Peter Holt has announced his retirement and his wife's take over. Here is the official press release:
Spurs Sports & Entertainment today announced that Peter M. Holt has retired as the organization's Chairman and CEO and that Julianna Hawn Holt will assume both roles. Peter has held the position since 1996 when the Holts became the largest shareholder in San Antonio Spurs, LLC. Peter will remain on the organization's board of managers and continue as part of the ownership group while Julianna will become the team's Governor on the NBA's Board of Governors.