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New Cleveland Browns owner Jimmy Haslam, whose takeover of the team was officially approved Tuesday, will name Joe Banner the team’s CEO/president and current president Mike Holmgren will leave the organization, sources told ESPN NFL Insider Ed Werde

The timing of Holmgren’s departure from the Browns is unclear. While a source tells Werder that he could leave the organization soon, a league source told ESPN NFL Insider Adam Schefter that Holmgren will finish out the 2012 season with the Browns.

 

 

Haslem has a news conference scheduled for Tuesday afternoon and will announce the Banner move, the sources said. It is unknown if Holmgren’s status will be addressed at the news conference.

Haslem will close his deal to buy the Browns with Randy Lerner on Oct. 25 but these changes will take place before then.

Holmgren, the former head coach of the Green Bay Packers and Seattle Seahawks, joined the Browns on Jan. 5, 2010. The 64-year-old Holmgren officially had the title of team president. He was instrumental in the hiring of current Browns head coach Pat Shurmur.

Haslam bought the team from Lerner for $1 billion, and the owners voted 32-0 Tuesday to approve the deal. Haslam, who built his fortune with Pilot Flying J truck stops, has been a minority owner of the Pittsburgh Steelers, but divested that stock to buy the Browns.

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article courtesy of ESPN.com

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