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Boston Red Sox CEO Larry Lucchino stepping down after 2015 season

The balance of power in the Boston Red Sox front office is about to shift, as Larry Lucchino has announced that he will be stepping down as president and CEO at the end of the season, according to a report from the Boston Herald.

There have been signs that changes were on the horizon since back in February, when Luchhino talked about scaling back his responsibilities. With his contract set to expire at the end of the 2015 season, the club decided that it was the right time for Luchhino to relinquish his everyday role.

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Luchhino cited the fact that he will turn 70 years old next month as one of the primary reasons why he is ready to step back.