NBA: Nets CEO Abbamondi stepping down after season
The Brooklyn Nets logo adorns center court prior to the game against the Portland Trail Blazers at the Barclays Center on November 25, 2012 in the Brooklyn borough of New York City. Bruce Bennett/Getty Images/AFP
Brooklyn Nets chief executive officer John Abbamondi will step down after this NBA season after just two years.
The Nets’ parent company, BSE Global, announced the resignation Tuesday, adding that Abbamondi will stay on through the end of July. Abbamondi was tabbed CEO in July 2020.
“We are grateful for John’s leadership and many contributions to our organization,” said Joe Tsai, chairman of BSE Global and Governor of the Brooklyn Nets. “John has demonstrated tremendous heart and expertise in guiding BSE Global through the challenges of the pandemic.”
BSE said the search for a new CEO will begin immediately.
Abbamondi replaced David Levy, who left after two months on the job.
