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Lucchino set to step down as Red Sox CEO

BOSTON -- Larry Lucchino's impactful run as president/CEO of the Red Sox will come to an end following the 2015 season, a source has confirmed to MLB.com. The club has not confirmed the news.

Lucchino hopes to remain with the club in some capacity going forward. Sam Kennedy, who grew up just a couple of miles from Fenway Park in Brookline, Mass., will be the team's next president.

The Red Sox haven't made a decision yet on how the CEO role will be filled.

The Boston Herald was the first to report the news. The Red Sox haven't made an announcement, but they're expected to do so by early next week.