ARLINGTON, Texas - Nolan Ryan is retiring as CEO of the Texas Rangers.
The Hall of Fame pitcher became the 10th president of the Rangers in February 2008 and became chief executive officer three years later. In that span, Texas has made its only two World Series appearances.
The 66-year-old Ryan says his resignation may be the final chapter to his baseball career. Ryan is also selling his ownership stake in the team.
Commissioner Bud Selig says in statement that Ryan's "unique perspective as a legendary player and an accomplished executive has been invaluable" to the Texas franchise.
Ryan is the major league strikeout king with 5,714. He threw seven no-hitters before retiring as a player in 1993.
His No. 34 jersey is the only one worn by a Rangers player to be retired, and there is a statue of the pitcher at Rangers Ballpark. He is the only player in the Hall of Fame whose bust is topped by a Texas cap.