Texas Rangers CEO Nolan Ryan to retire

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May 31, 2013; Arlington, TX, USA; Texas Rangers chief executive officer Nolan Ryan during the game against the Kansas City Royals at Rangers Ballpark in Arlington. Texas won 7-2. Mandatory Credit: Kevin Jairaj-USA TODAY Sports
May 31, 2013; Arlington, TX, USA; Texas Rangers chief executive officer Nolan Ryan during the game against the Kansas City Royals at Rangers Ballpark in Arlington. Texas won 7-2. Mandatory Credit: Kevin Jairaj-USA TODAY Sports /

Major League Baseball Hall of Famer and current Chief Executive Officer of the Texas Rangers organization Nolan Ryan announced his retirement, effective October 31st.

According to the Dallas Morning News, Ryan released the following statement:

“This is the right time for me to step down from my role of overseeing the Rangers organization,” said Ryan. “I am extremely proud of what this organization has accomplished. On the field, we have enjoyed great success at the major league level. The fans have supported us in record numbers the last two years and we have been able to upgrade the ballpark and enhance the in-game experience to reward that loyalty.

“We have a group of talented and passionate employees who have helped make this success possible. This organization is in good hands. I am leaving with a lot of great memories from my tenure here and I know the organization will continue to thrive in the years to come.”

Ryan was named the president of the Rangers organization in 2008 and CEO in 2011.  Under his tenure the Rangers went to the World Series in both 2010 and 2011, losing to the San Francisco Giants and St. Louis Cardinals, respectively.

Ryan played in the Major Leagues from 1966 to 1993 and is the all-time strikeout leader with 5714.  He was elected to the Hall of Fame as a player in 1999.