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HomeSportTed Phillips: Bears President and CEO Announces Retirement

Ted Phillips: Bears President and CEO Announces Retirement

The Bears announced Friday that president and CEO Ted Phillips plans to retire at the end of the 2022 NFL season.

Phillips has been with the Bears organization for nearly 40 years. He has been the team’s financial director since 1983. He then served as Controller from 1987-93 and Vice President of Operations from 1993-99. In 1999, he took over as President and CEO.

“Forty seasons is a long time,” Phillips said via a Bears press release. “I’m lucky and I love my job. But when COVID hit, it gave me time to reflect and think about the future I want. I’m healthy so no problem knocking on wood. More about thinking A gift of time for myself to be able to enjoy my family and my friends.

“It’s a demanding job that takes a lot of time. A lot of pressure. I just thought it was time to pass the baton to someone else. “

Whoever succeeds Phillips will be the fifth president in the Bears’ 102-year history.

Phillips, 65 Stacey played a key role in the early 2000s renovation of Soldier Field. The City of Chicago hoped to keep the Bears at the old field and offered the possibility of placing a dome on the field. However, the Bears are expected to be in the next few weeks. Relocated to suburban Arlington Heights in 2018.

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