Tennessee Titans CEO Mike Smith resigned from his position on Friday, the team announced. Smith reportedly wanted to spend more time at his position as president and chairman of Adams Resources and Energy, Inc.
Smith’s resignation comes less than two years after he replaced former owner Bud Smith in the roles.
“We have made some moves within the Titans organization, both on and off the field, that I believe will bring some very positive immediate results,” Smith said in a statement. “There is a side of me that wishes I could continue to be heavily involved, but I will remain an avid Titans fan while leaving those decisions in the hands of professionals who are fully focused.”
Adams’ daughters Susan and Amy will pick the next CEO of the team, and will likely look for a more locally-based candidate to take the position. Smith performed his duties from Houston, giving the front office instability throughout his year-plus tenure.
Former senior executive Steve Underwood will fill Smith’s duties during the search. Underwood oversaw day-to-day operations for the Titans from 2005-2011 before announcing his retirement in late July of that year.
The move only further extends the reach of the organization’s rebuilding effort, with the Titans already making several on-field personnel moves this year both in terms of coaching (Dick LeBeau) and player (Brian Orakpo, Harry Douglas, etc.) acquisitions. The new CEO will look to lead the Titans, who finished a league-worst 2-14 a season ago, to their first playoff berth since 2008.