Post by Deleted on May 31, 2018 17:08:11 GMT -6
As some may already know Pat Bowlen has been diagnosed with Alzheimer's and is no longer involved in team operation.
Pat Bowlen’s daughter seeks to take over as Broncos’ controlling owner
Posted by Charean Williams on May 31, 2018, 4:44 PM EDT
Beth Bowlen Wallace, the daughter of longtime Broncos owner Pat Bowlen, wants to take over as the team’s controlling owner. She has requested the team’s current leadership appoint her to that role.
“I know the fans have been anxious and asking quite a few questions about what’s happening with the succession plan of the Denver Broncos,” Bowlen Wallace said, via Nicki Jhabvala of The Athletic. “I have completed the criteria laid out by the trustees, so I felt it was a good time to come out and express my interest and desire to be a part of the organization again.”
In response, the Broncos released statements from the Pat Bowlen Trust and Broncos President and CEO Joe Ellis.
The Pat Bowlen Trust’s statement reads:
“The statements issued by Beth Bowlen Wallace today are contrary to Pat Bowlen’s long-standing succession plan that he created over many years of careful consideration.
“Pat was determined to ensure the Broncos would remain a premier franchise in the National Football League in the event of his absence. He chose to sustain the team’s success in that eventuality by appointing three non-family trustees to determine whether any of his children had become qualified at some point to step into his shoes.
“Pat did not designate Beth as a trustee or appoint her to a leadership position, nor did he instruct the trustees to specifically mentor her. He made it clear that his children were not automatically entitled to a role with the team and that they would have to earn that opportunity through their accomplishments, qualifications and character.
“As trustees honoring the clear wishes of Pat, we have thoroughly evaluated whether Beth is capable of succeeding her father as controlling owner. We have determined that she is not capable or qualified at this time.
“We have communicated our decision to Beth and her lawyers on multiple occasions. She is also fully informed as to why her employment with the team ended in 2015.
“Although Beth has declined our invitations to discuss her qualifications for the last two years, we will continue to proactively engage and meet with any of the Bowlen children who express a desire to earn the right to succeed their father.
“As trustees, we will continue to honor Pat’s long-standing plan to determine the Broncos’ future ownership and any potential appointment of his children to leadership positions within the organization. Our decisions will always be guided by what will ensure the long-term success and stability of the Broncos while also doing what’s best for our community, our fans and the NFL.
“Consistent with Pat’s long-standing succession plan, our decisions are not to be dictated by the short-term or personal interests of any individual. We will vigorously defend Pat’s plan in responding to these and any statements that are contrary to Pat’s words and intentions.”
The statement from Ellis reads:
“As a trustee and someone Pat designated to oversee his team, I have an enormous responsibility to carefully administer his succession plan and make decisions in the best interests of the Broncos. We will continue to follow Pat’s blueprint — and nobody else’s — while keeping our focus as an organization on having a successful season.”
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