Len Komoroski, CEO of the Cleveland Cavaliers, Rocket Mortgage FieldHouse and Rock Entertainment Group, is stepping down at the conclusion of the current Cavaliers season.
Komoroski’s career with the Cavaliers began in 2003 as President, and he took on the CEO title in 2013. Komoroski will remain affiliated with Rock Entertainment Group, focused on REG’s growth and development as well as special projects and initiatives. He oversaw the acquisition of the Cleveland Monsters (AHL), the Cleveland Charge (NBA G League) and the Cavs Legion (NBA2K), as well as significant upgrades to Rocket Mortgage FieldHouse, during his tenure as well.
“I am immensely grateful to Dan Gilbert for providing the inspiration, resources and platform to build an incredible team of leaders that have been committed to a culture of excellence and innovation,” Komoroski said via press release. “Dan always speaks of ‘Doing Well by Doing Good’ as a guiding principle and it has been a privilege to work in an environment where we embrace that as a pillar of operating and can positively impact Cleveland and our entire region in a range of different and diverse ways.
“Since I first spoke to Dan about this transition several years ago, we reflected on the ambitious bucket list and journey we’ve had from the time Dan acquired the franchise. From building a world class business team, becoming leaders in commercializing our platform, executing the Transformation of the FieldHouse and establishing it as one of the top entertainment and major event venues in the world, an NBA championship and much more. The 2022 NBA All-Star Weekend seemed like the perfect capstone to the 19 years I have been honored to be a part of this remarkable enterprise along with all of our great team members.”
“Over the past two decades, Len accomplished so much on behalf of our organization. I cannot overemphasize the value of Len’s contributions to the Cavaliers, Rocket Mortgage FieldHouse, and the entire Cleveland community,” Cavs Chairman Dan Gilbert said via press release. “His strategic direction, collaboration, and innovation have been and will continue to deliver long-term success of our business and for our fans. I am grateful for his leadership in helping to establish a world-class championship culture for our team members and ensuring that the future of the organization is positioned for continued long-term success.”
The $185 million transformation of Rocket Mortgage FieldHouse is particularly noteworthy, as the 26-year-old venue was upgraded from a middling venue to an industry standard, implementing plenty of safety measures during COVID-19 as well. As a result, Rocket Mortgage FieldHouse and Cleveland have secured some the highest profile and most economically impactful special events ever hosted over the last two decades: Multiple Men’s and Women’s NCAA tournament and championship events, the 2016 Republican National Convention, 2021 Rock and Roll Hall of Fame Induction Ceremony at Rocket Mortgage FieldHouse, and most recently, the 2022 NBA All-Star Weekend.