"The Cubs congratulate John McDonough on his new position," Kenney said. "In his time as team president, John helped the club take an important step toward our ultimate goal – bringing a championship to the greatest fans in baseball."
"John's contributions to the Cubs for the past 24 years have been tremendous," said Dennis FitzSimons, Tribune Company chairman and chief executive officer. "His marketing innovations will be an enduring legacy for Cubs fans. We wish him well in his new role with the Blackhawks."
McDonough received a multi-year contract to head the Blackhawks.
"It has been a privilege to be associated with the Chicago Cubs and to be identified with one of the greatest franchises in all of sports," McDonough said. "Cubs fans truly deserve a World Series Championship and I hope they realize it in 2008."
Kenney has been associated with the Cubs for 14 years, first as legal counsel and for the past five years as the Tribune executive responsible for Cubs operations.
"We will not let the ownership transition distract us from our primary goal: to see a championship come to the Chicago Cubs in 2008," Kenney said. "Tribune's commitment through an expanded payroll and additional capital for Wrigley Field evidences the continued focus on taking the next step for Cubs fans.
"Jim Hendry has a well-constructed plan in place and is already working to strengthen our roster for 2008. We also have a new, multi-million dollar playing surface ready to welcome our team on Opening Day."
McDonough joined the Cubs from the Chicago Sting in 1983. He was promoted to vice president of marketing and broadcasting in 1991 and was named a senior vice president in 2004 before assuming the role of club president on October 1, 2006.