New Cleveland Browns owner Jimmy Haslam, whose takeover of the team was officially approved Tuesday, will name Joe Banner the team's CEO/president and current president Mike Holmgren will depart the organization within 24 hours, sources told ESPN NFL Insider Ed Werder.
Haslem had a news conference scheduled for noon and was expected to announce the Banner move, the sources said. It is unknown if Holmgren's status will be addressed at the news conference.
Holmgren, the former head coach of the Green Bay Packers and Seattle Seahawks, joined the Browns on Jan. 5, 2010. The 64-year-old Holmgren officially had the title of team president. He was instrumental in the hiring of current Browns head coach Pat Shurmur.
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