The Philadelphia 76ers today named Rod Thorn, an NBA veteran of more than four decades, as the team?s new President. Ed Stefanski, who had served as the team's President and General Manager since December 4, 2007, will continue in his role as General Manager.

"Rod is one of the most respected basketball minds in the game today," said Comcast-Spectacor Chairman Ed Snider. "When we learned that he would not be re-signing with the Nets, we realized that this would be a terrific opportunity to bring one of the top executives in the NBA to the Sixers to work closely with Ed Stefanski. I'm really pleased to be adding him to our organization. I'm confident that Rod will be a tremendous asset for our team and I?m really looking forward to working with him."

"We felt with the direction we are now heading that it was important for us to have two very strong basketball minds leading the Philadelphia 76ers," said Comcast-Spectacor President Peter Luukko. "We are building a strong organization and we're off to a terrific start with the addition of Coach Doug Collins, the best available coach, and Evan Turner, who we feel was the best available player in the draft. Now we have added another top-level executive to help lead us into the future."

"This is a great opportunity to join one of the most-storied franchises in the NBA," said Thorn. "I look forward to once again working with Ed Stefanski and helping Ed Snider and Peter Luukko build a championship team here in Philadelphia."