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Derek Jeter leaves post as Miami Marlins' CEO, shareholder

Derek Jeter
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MIAMI (AP) — Derek Jeter announced a surprise departure from the Miami Marlins after 4 1/2 mostly unsuccessful years that didn't come remotely close to matching his success as a player for the New York Yankees.

Jeter became CEO of the Marlins in September 2017 when Bruce Sherman bought the team from Jeffrey Loria.

A five-time World Series champion during a playing career spent entirely with the Yankees from 1995-2014, Jeter was elected to baseball's Hall of Fame in 2020.

Miami went 218-327 during his four seasons at the helm, finishing with a winning record only once at 31-29 in the pandemic-shortened 2020 season.

In an unprecedented move, Jeter released a statement through PR Newswire and not through the team.

"We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality," Jeter said. "Through hard work, trust and accountability, we transformed every aspect of the franchise, reshaping the workforce, and developing a long-term strategic plan for success."

Jeter became the league's first Black CEO in September 2017, the Associated Press reported.

As the team searches for a new CEO, the team's general manager, Kim Ng, who became the first female GM in a major professional sport in North America when Jeter brought her on in 2020, will likely take over, the AP reported.

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Nick Walters

Nick Walters

Senior Sports Reporter

Alex Eschelman

Alex Eschelman

Sports Multimedia Journalist

Taylor Rocha

Taylor Rocha

Sports Multimedia Journalist

Rochelle Richards

Rochelle Richards, senior sports producer

Rochelle Richards

Senior Sports Producer