Larry Lucchino Issues Statement On Stepping Down As Red Sox President/CEO

Larry Lucchino is stepping down as president and CEO of the Boston Red Sox.

Lucchino, who turns 70 in September, has been with the Red Sox since the current ownership group purchased the club in February 2002. Boston has won three World Series in that stretch.

Lucchino issued the following statement Sunday:

“As far back as 2004, the year of our first world championship, I started to plan for the day when I would want to cut back a little. I even inserted a clause to that...

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