The Browns announced this evening, after weeks of speculation and rumors, that Mike Holmgren has been hired by the organization and will serve as the club's President. The agreement has yet to be finalized, but should be completed by the end of the week and ahead of an introductory press conference. Here's the press release from the club:
The Cleveland Browns announced today that Mike Holmgren has agreed to become club President. The team also has announced that Mike Keenan will transition to the role of Chief Financial Officer.
"We are pleased to announce that Mike Holmgren has agreed to join the Cleveland Browns," said Owner Randy Lerner. "We will spend the rest of the week finalizing the details of the agreement and will make a formal announcement next week, at which time we will make him available to the media."