Buffalo Sabres owner Terry Pegula has been named team president, the club announced in a press release Monday morning.
The move is part of the restructuring of Pegula Sports & Entertainment (PSE) to separate resources between the Sabres and Buffalo Bills, allowing each organization to focus singularly on their efforts.
Pegula and COO John Roth will lead the business side of the organization, while General Manager Kevyn Adams will lead the hockey side.
“We are thankful for the work and effort so many individuals have put into PSE over the years, but feel it is the right time for them to return home to separate organizations,” Pegula said. “We feel that now is the right time to dissolve PSE and allow everyone to focus solely on their respective organization. It is a great time to be a Buffalo sports fan, and we have a tremendous amount of confidence that this restructuring will allow our businesses to continue to elevate with our teams.”