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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Philadelphia 76ers president Bryan Colangelo resigns

Trust the Process, Sixers

After an investigation about owning and running multiple anonymous Twitter accounts, 76ers president Bryan Colangelo announced his resignation on Thursday.

The Ringer opened the investigation over the president after seeing multiple accounts such as Eric jr and Honest Abe post sensitive information about the NBA team.

However, in the end, investigators found that Bryan Colangelo did not run these accounts; indeed, his wife Barbara Bottini ran them.

The investigation team stated that Colangelo was still to blame for the information dispersed on the Internet, explaining,

We believe that Mr. Colangelo was careless and in some instances reckless in failing to properly safeguard sensitive, non-public, club-related information in communications with individuals outside the 76ers organization.

Bottini did not comment on the findings, and she reset her phone before giving it to investigators. Consequently, not many conclusions could be made about the extent of her role.

Although Colangelo believes that he dispersed no private information to his wife, explaining that most of the information on the accounts was wrong anyway, he still believed that resignation was his only option.

Sixers managing partner Josh Harris explained,

It has become clear Bryan’s relationship with our team and his ability to lead the 76ers moving forward has been compromised…Recognizing the detrimental impact this matter had on the organization, Colangelo offered his resignation.

Head coach Brett Brown will be interim president until the organization can find a replacement for Colangelo.

The team, which dons the slogan, “Trust the Process” and made the playoffs with an incredibly young team, will face some regression this season without his president. However, in any organization, eliminating toxic leaders is crucial. The 76ers will need to choose their next president wisely to avoid this problem.

 

Featured image via Flickr/Michael Tipton


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