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Report: Koonin Named Hawks CEO, Co-Owner

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The Hawks took a major step in their effort to re-brand their franchise.

Steve Koonin, currently the president of Turner Entertainment Networks, was named a co-owner and Chief Executive Officer of the Atlanta Hawks.

The Hawks announced the move Sunday night, hours after the The Atlanta Journal-Constitution first reported the move was to be made.

According to the team, Koonin will oversee all business, financial and strategic operations of the Hawks and Philips Arena. He will also acquire an equity position within the ownership group, and represent the owners as the head of the organization.

via Chris Vivlamore of the Atlanta Journal Constitution