|The 49ers now have stability in the front office and at head coach. (US PRESSWIRE)|
By Ryan Wilson
Gideon Yu, a co-owner of the San Francisco 49ers who previously served as chief financial officer of both YouTube and Facebook, was officially named the team’s president and co-owner Thursday, according to CBSSports.com Rapid Reporter Kyle Bonagura.
“My whole career has led to this point," Yu said in a statement released by the 49ers. "My job here is the perfect mix of my passions for football, entrepreneurship, business management and technology. Being at my favorite team in my favorite sport is a dream come true.”
Forty-niners CEO Jed York called Yu "both a visionary and the 'go-to' guy who can lead us through the enormous opportunities ahead such as, the stadium construction, expansion of our brand and its businesses, and positioning the franchise for the future. We have more to do now than ever before, and Gideon is the right person to get the job done.”
Yu will handle the business operations while general manager Trent Baalke, whose contract was extended Friday, will be responsible for all football operations. Both men will report to York.
The 49ers are coming off a 13-3 season, the NFC West title, and a trip to the NFC Championship game. It was their first playoff appearance since 2002, when Steve Mariucci was the head coach and Jeff Garcia the quarterback.
First-year coach Jim Harbaugh exceeded everybody's expectations -- as did the previously much-maligned quarterback Alex Smith, who Harbaugh says he wants back in San Francisco for 2012.
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