Blues announce CEO will step down

Blues announce CEO will step down

Blues announce CEO will step down

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by Andrew Allsman, HockeyStL

KMOV.com

Posted on May 26, 2012 at 12:45 PM

Updated Saturday, May 26 at 12:45 PM

St. Louis, MO (KMOV) --The Blues announced on Friday that CEO Mike McCarthy has decided to step down from his position.  McCarthy, a founding partner of the SCP Worldwide group that purchased the Blues in June 2006 became assumed the role of CEO in September 2010.   McCarthy was in charge of operations concerning the business side of the Blues including the Scottrade Center and recently reopened Peabody Opera House. 

Before joining SCP Worldwide, McCarthy served as President of Madison Square Garden Network Group overseeing the sports and news production and programming that led to 75 Emmy Awards along with 250 Emmy Award nominations.

McCarthy gained valuable experience in his tenure with the MSG Network Group as he managed revenue and expenses budgets, while overseeing 500 employees.

In 2005 McCarthy joined SCP Worldwide as a partner and was instrumental in the purchase of the Blues top minor league affiliate team: The Peoria Rivermen.

McCarthy has over 25 years of leadership experience split between MSG Network Group and the Blues.  McCarthy felt it was time to move on while the Blues look to move forward.

"With the ownership situation resolved here in St. Louis and on very
solid footing with Tom Stillman and his group, I feel comfortable now going back home knowing that the organization has transitioned smoothly and professionally," McCarthy said.  "I am now able with a clear
conscience to pursue other interests and should have something to announce shortly in that regard. St. Louis is an amazing place to work and live, and I've especially understood that over the past two full
seasons.  The Blues, and of course Blues fans, are a major reason why I will always look back on my time here with great fondness.  I thank my front office colleagues for making this journey a truly enriching
professional experience."

Tom Stillman, the new Blues Chairman, said "Mike McCarthy has done an outstanding job managing the business of the Blues, the Scottrade Center, and the Peabody Opera House.  He has done so at considerable personal sacrifice, as he has been away from his wife and family for long stretches of time.  Having guided the business through the closing of the sale transaction, Mike has decided to return home to the New York area to continue his career.  I want to thank Mike for his excellent work and his professionalism, and I wish him the very best in the future.”

With McCarthy’s departure from the organization very few member s of the Checkett regime remain.  This is normal when new ownership comes in as they like to be surrounded by their own people.

One of the few people remaining from the Checkett era is team president John Davidson.  Davidson was instrumental in reviving the Blues organization after the lockout, but it was recently reported that his time with the Blues could be coming to a close as a window in his contract allows him to opt out to explore other job opportunities.  It is not yet clear whether or not Davidson will retain his position as team President, but reports say we should know very soon.

It is also reported that former Blues star Brett Hull may come onboard for the Blues in some capacity.  It is not known what position he is interested in, but it appears that it will be on the business side, much like the CEO position that McCarthy held.  More on all of these developments should be made known in the coming weeks.

 

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