Rangers president Glen Sather is stepping down as the team's president, and will transition into a role as senior advisor to the owner and alternate governor, the team announced on Thursday.
Sather, 75, has been team president since June 2000 and had also been New York's GM from 2000 to 2015 before he relinquished duties to Jeff Gorton.
Sather also coached the Rangers for 1 1/2 after he fired Bryan Trottier midway through the 2002-03 season.
Sather won five Stanley Cup titles as coach and GM of the Edmonton Oilers, but never won one with the Rangers. The closest his team came was 2014, when New York lost in the Stanley Cup Final to the Los Angeles Kings.
New York made the playoffs in 11 of 12 years from 2006 to 2017, but missed it the past two years, including this season, as the Rangers are 31-36-13 with two regular-season games remaining.
Since taking over the Rangers, they have gone 715-561-164.