Giants CEO Larry Baer Takes Personal Time Away

SAN FRANCISCO -- Three days after a public incident between him and his wife, Giants president and CEO Larry Baer stepped away from the day to day operations of the Giants. The organization announced the decision in a statement put out Monday morning. Here's the full statement:

"The Board of Directors of San Francisco Baseball Associates is closely monitoring the matter involving Giants President and CEO Larry Baer. Pursuant to League policy, Major League Baseball is taking the lead in gathering all facts surrounding the situation. The organization is cooperating fully with the process. 

Mr. Baer has acknowledged that his behavior was unacceptable, apologized to the organization and is committed to taking steps to make sure that this never happens again. He has also requested, and the Board has accepted, his request to take personal time away from the Giants beginning today. The Board has asked the Giants executive team to manage the day to day operations of the Club during this period, reporting directly to the Board.

As leaders in the community, we at the Giants hold ourselves to the highest standards and those standards will guide how we consider this matter moving forward. We have no further comment at this time."

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