Jake Reynolds, who had been chief revenue officer for HBSE, will become president of the hockey team, effective immediately. He will be based in Newark and work alongside the team’s executive vice president and general manager, Ray Shero.
Weber, who has been president of the team and arena since the organization acquired them in August 2013, will help elevate the 2-year-old parent organization. Reynolds and Philadelphia 76ers President Chris Heck will now both report to him.
“Given the continued expansion of our organization, this was an opportune time to lift two incredible and deserving executives into bigger and wider roles,” HBSE CEO Scott O’Neil said in a prepared statement. “Both Jake and Hugh are tremendous leaders possessing a wide array of experience and expertise across the sports and entertainment ecosystem.
“This plan empowers a world-class executive in Hugh Weber to focus on the continued exponential growth of our core business, while Jake Reynolds brings his signature expertise in culture-building and laser focus on innovation to drive our business forward with the greatest upside.”