Postolos, an adjunct professor in Rice's Sport Management Program, named President and CEO of the Houston Astros

Postolos, an adjunct professor in Rice's Sport Management Program, named President and CEO of the Houston Astros

Video from Houston's FOX 26 News: http://www.youtube.com/watch?v=S-PaW1rx41M

- - - - - - - - - -

From the Houston Business Journal...

George Postolos

George Postolos, who helped oversee the plans for the Houston Rockets to move into the $202 million Toyota Center while working as the Rockets' top executive, is now the president and CEO of the Houston Astros.

As expected, new Astros owner Jim Crane on Tuesday handed the day-to-day operations of the Major League Baseball team over to Postolos when the deal was finalized to acquire the franchise from Drayton McLane, who had owned the team since 1992.

Crane is also the team's chairman.

At the time the Rockets moved into Toyota Center in 2003, Postolos was president and CEO under owner Les Alexander. Postolos was also instrumental in negotiations to bring Chinese center Yao Ming to Houston. At age 38, Postolos was honored as a member of the 2002 SportsBusiness Journal's 40 under 40, as one of the country's sports executives to watch.

He also has worked as special assistant to David Stern, commissioner of the National Basketball Association, and president of The Postolos Group LP, a sports advisory firm.