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Ted Phillips to Step Down as Bears' President, CEO at Season's End After 23 Years

Ted Phillips announced Friday that at the end of the 2022 NFL season, he will step down as president and chief executive officer of the Chicago Bears after 23 years in that role.

The 65-year-old Phillips explained his decision in an interview with Dan Pompei of The Athletic:

"When COVID came, it changed a lot of dynamics and gave me some time to reflect on my life, my work life. I came to the conclusion that, my gosh, almost 40 years is a long time. It's time to hand over the baton and give myself the gift of time.