Peter Holt, the head of the San Antonio Spurs' ownership group, retired on Wednesday after approximately two decades at the helm of one of pro sports' most consistently winning franchises.
Bleacher Report's Sean Highkin reported the news and featured quotes from Holt and his wife, Julianna Hawn Holt, who will take over as CEO and chairman:
— Sean Highkin (@highkin) March 10, 2016
Julianna will also take over her husband's post as the governor on the NBA's Board of Governors. The Spurs have won five championships since Peter Holt and Co.