Jez Moxey To Become New Norwich Chief Executive After Wolves Exit

27 July 2016 16:38

Wolves' outgoing chief executive Jez Moxey will take up the same role with Norwich, the Sky Bet Championship clubs have announced.

Moxey, 53, has spent the last 16 years in the role at Wolves, who confirmed last week he would leave after a three-month period of transition when they announced their £45million club takeover by Chinese investment group Fosun International.

"Norwich City are delighted to announce Jez Moxey is set to become the club's next chief executive," read a statement on the Canaries' official website.

"With Wolves this week officially ushering in their takeover by Chinese group Fosun International, Moxey will formally take up his new post at Carrow Road after helping to oversee the transition to new ownership at the Midlands club."

Moxey, who has also been chief executive at Stoke, took on the role at Wolves in 2000 and during his tenure the club has twice been promoted to the Premier League, in 2004 and 2009.

Norwich chairman Ed Balls added: "We're absolutely delighted to be welcoming Jez on board to lead this great football club into the next chapter of its 114-year history.

"We've conducted the very best and most thorough search for the right person to help us take the club forward and Jez, with his wealth of football experience and business acumen, was the stand-out candidate from an extremely strong shortlist."

Norwich confirmed Steve Stone will continue as the club's interim chief executive until Moxey officially takes up his new post.

Wolves announced on their official website: "It was announced last week that, with Wolves having been taken over by the Fosun Group, Jez had decided to leave his position at Molineux after 16 years as CEO.

"Jez is currently involved in the transitional process at Wolves after which he will take up his position at Carrow Road."

Fosun International completed their takeover at Wolves last Thursday and will invest up to £30million into the club over the next two years as part of the deal.

Source: PA-WIRE