Buffalo Bills co-owner and CEO Terry Pegula is assuming the role of team president after the organization parted ways Wednesday with COO and executive vice president Ron Raccuia

Pegula’s wife, Kim Pegula, was team president before stepping aside last year because of ongoing serious health issues.

“We would like to thank Ron for his many years hard work and dedication with the Bills and (Pegula Sports and Entertainment),” Terry Pegula said. “We wish he and his family the best of luck in his future endeavors.

The Bills said Terry Pegula will work with an operating committee of John Roth, executive vice president/chief operating officer; Kathryn D’Angelo, general counsel and senior vice president of business administration; and Josh Dziurlikowski, senior vice president of finance and business administration

“After taking time over the past several months to evaluate the business side of our operation, we wanted to revamp and improve our structure,” Terry Pegula, 72, said. “We have a tremendous amount of confidence in this management committee we have constructed. I have had a high level of trust and strong working relationships with John, Kathryn and Josh over the years and expect them each to successfully continue to lead our business operations in the years to come.”

Roth also is the COO of the Buffalo Sabres and the Pegula group.

Kim and Terry Pegula bought the Sabres in 2011 for $189 million and the Bills in 2014 for $1.4 billion. Pegula Sports and Entertainment is the umbrella organization for the Bills, Sabres, the Rochester Americans of the American Hockey League, and the Buffalo Bandits and Rochester Knighthawks of the National Lacrosse League

–Field Level Media