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New Cleveland Browns owner Jimmy Haslam, whose takeover of the team was officially approved Tuesday, named Joe Banner the team’s CEO/president and announced that current president Mike Holmgren will retire at the end of the season.

 Browns Bad Under Holmgren

Mike Holmgren was hired to turn around the Browns but only the Panthers have a worse winning percentage since he arrived in Cleveland in 2010, his first full season with the club.

Worst win percentage in NFL,

since 2010

Team Win Pct.
Panthers .243
Browns .263
Rams .316
— ESPN Stats & Information

Haslam said Banner will start his new role effective Oct. 25 and Holmgren will help in the transition of the team’s hierarchy.

Haslem also will close his deal to buy the Browns with Randy Lerner on Oct. 25.

Holmgren, the former head coach of the Green Bay Packers and Seattle Seahawks, joined the Browns on Jan. 5, 2010. The 64-year-old Holmgren officially had the title of team president. He was instrumental in the hiring of current Browns head coach Pat Shurmur.

Haslam bought the team from Lerner for $1 billion, and the owners voted 32-0 Tuesday to approve the deal. Haslam, who built his fortune with Pilot Flying J truck stops, has been a minority owner of thePittsburgh Steelers, but divested that stock to buy the Browns. read more at ESPN