Josh Kroenke has been named President of the Colorado Avalanche and Joe Sakic has been named Executive Vice President of Hockey Operations.

Pierre Lacroix will remain with the organization as an advisor.

“Beginning today, I will be assuming the responsibilities as Avalanche team President,” said Kroenke. “Having had the privilege of learning under a mentor like Pierre Lacroix, and then spending the past few seasons as Governor, I feel ready to become much more involved on a daily basis.”

“I am thrilled to announce that Joe Sakic has agreed to become Executive Vice President of Hockey Operations for the Avalanche,” continued Kroenke. “In that role, Joe will be in charge of all hockey-related decisions moving forward. With his credentials, presence and knowledge of the game, Joe will be a key ingredient in making sure that together we reach our future goals.”

“A few years ago, Pierre Lacroix expressed his wishes to relinquish the title of president,” added Kroenke. “At that time, we felt Pierre should keep the title of president while I gained experience. Pierre will continue to be a valuable resource for all of us.”