Peter Chiarelli will be the GM of the YoungStars squad in next year's World Cup of Hockey, a source told ESPN.com.

The former Bruins GM, in his first year at the helm of the Oilers, will be unveiled as YoungStars GM as part of several announcements Wednesday, when the NHL and NHLPA hold a World Cup news conference at Air Canada Centre.

Stan Bowman will be the assistant GM for the YoungStars, according to a source.

Dean Lombardi of the Kings will be GM of Team USA, while Doug Armstrong of the Blues will be at the helm of two-time Olympic champion Canada.