SCOTTSDALE, Ariz. (Enquirer) – Cincinnati Reds Chief Executive Officer Phil Castellini has been named the successor to his father, Bob Castellini, in owning the Reds, according to a report.
MLB clubs approved the transfer of team control from Bob Castellini to Phil Castellini on Feb. 12, the Associated Press reported. The Reds confirmed the news to The Enquirer.
In a statement provided to The Enquirer, the Reds said: “This was the conclusion of the process that was started when the Reds announced organizational changes in July 2024, naming Phil president and CEO, and Doug Healy as COO and CFO.”
What transpired Feb. 12 appeared to be part of a years-long internal process leading to the transfer of control, and there’s no indication it suggested any substantive change in the elder Castellini’s health. In fact, the team expects Bob Castellini to make his annual visit to spring training in the coming days.
Bob Castellini became principal owner and chief executive officer of the team in January 2006. He purchased 70% of the club from Carl Lindner Jr. for $270 million.
This story was written by our media partners at the Cincinnati Enquirer.
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