Joint statement from the Chicago Cubs and San Diego Padres | cubs.com: Official InfoThe Chicago Cubs and San Diego Padres jointly announce today that Jed Hoyer and Jason McLeod will leave the Padres, effective immediately, to accept positions with the Cubs. The Cubs have agreed to send the Padres a player to be named later as compensation.
Both the Cubs and the Padres intend to hold press conferences after the World Series. The Cubs intend to announce Hoyer as Executive Vice President/General Manager and McLeod as Senior Vice President/Scouting and Player Development, while the Padres intend to announce Josh Byrnes as Hoyer's successor.
Out of respect for the World Series, both clubs have agreed to forego further comment until holding their respective news conferences after the World Series is complete.
The band is officially back together!