Cavaliers and Quicken Loans Arena Announce Leadership Update

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The Cleveland Cavaliers and Quicken Loans Arena announced today that Len Komoroski has been named CEO of the organization. The organization also includes the Lake Erie Monsters (AHL), Cleveland Gladiators (AFL), and Canton Charge (NBADL). Komoroski is also a principal in Rock Gaming, which operates Horseshoe Casino Cleveland. Komoroski will continue to oversee all business operations and business-related endeavors for the Dan Gilbert family of sports and entertainment interests in Ohio. He was formerly President of the franchise, serving in that capacity since early 2003, when he joined the business.

Additionally, Kerry Bubolz has been named President of Business Operations and will continue to be a leader, along with Executive Vice President/CFO Mozelle Jackson, with respect to day-to-day business operations and strategy. Bubolz was formerly Executive Vice President and Chief Operating Officer and also joined the Cavaliers in early 2003. Both Bubolz and Jackson will continue to work directly with the CEO.

The changes are made as the organization has continued to expand its sports and entertainment footprint in the region. As that growth and development continues to take place, these moves will help position the group to maximize existing assets, as well as future growth and opportunities.

Cavaliers General Manager Chris Grant will continue to lead all basketball-related matters with respect to the Cavaliers and the Charge, working directly with Cavaliers owner Dan Gilbert and the ownership team.