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Theo Epstein has had a good run, but he’s ready to call it.

Theo Epstein, the current President of the Chicago Cubs, announced today that he will be stepping down from his position this Friday. According to Epstein, as his contract was set to expire after the 2021 season and he already has a decade under his belt, it was a good time to call it quits. His successor will be the current general manager, Jed Hoyer.

“For the rest of my life, I will cherish having been part of the great Chicago Cubs organization during this historic period,” Epstein said in a statement. “All of the things that have made this experience so special — the fans, the players, the managers and coaches, ownership, my front office colleagues, the uniqueness of the Wrigley experience, the history — make it so tough to leave the Cubs. But I believe this is the right decision for me even if it’s a difficult one. And now is the right time rather than a year from now.

“The organization faces a number of decisions this winter that carry long-term consequences; those types of decisions are best made by someone who will be here for a long period rather than just one more year. Jed has earned this opportunity and is absolutely the right person to take over this baseball operation at such an important time.”

Theo Epstein will step down from his role as President of Baseball Operations effective Nov. 20 and depart the organization after nine seasons.

Jed Hoyer, who joined the club in Nov. 2011 as Executive VP/General Manager, will be named President of Baseball Operations. pic.twitter.com/SDeF826SFH

— Chicago Cubs (@Cubs) November 17, 2020

Epstein is beloved by both the Cubs themselves and their fans as the man responsible for restructuring the team and eventually leading it to a World Series victory in 2016, the very first victory the Cubs had had in over 100 years.

In a brief, lighthearted message to friends, Epstein said that “Next summer will be my first in 30 years not clocking into work every day at a major league ballpark.” He also mentioned that he’ll probably return to the baseball industry someday, but not any time soon.