Michael Andlauer officially introduced as new owner of Ottawa Senators

As one of his first acts as owner, Michael Andlauer announced that Cyril Leeder is returning to the Senators as president and chief executive officer

addressed the media at the Canadian Tire Centre a day after the NHL made his purchase of the club official.The NHL announced late Thursday the transfer of the club to a group, led by Andlauer, had beenThe sale price for the Senators was US$950-million – the highest amount ever paid for an NHL franchise.

As one of his first acts as owner, Andlauer announced that Cyril Leeder is returning to the Senators as president and chief executive officer. Leeder was president of the team from 2009 and 2017 and previously worked other roles dating back to the team’s inception.Andlauer is the founder and chief executive officer of Andlauer Heathcare Group and the founder of Toronto-based merchant bank Bulldog Capital Partners. He previously owned 10 per cent of the Montreal Canadiens.

The Senators, led by captain Brady Tkachuk, will head into the new season with a young core eager for success.

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