Bears president, CEO Ted Phillips to retire after season

CHICAGO — Bears president and CEO Ted Phillips will retire at the end of the 2022-23 season.

The Chicago Bears tweeted the news Friday morning and said he plans to retire in Feb. 2023.

The search for Phillips’ successor is underway. He has been with the Bears for nearly 40 years and was named President and CEO in 1999.

Known for his business acumen, Phillips was pegged to help lead the Bears through the Arlington Heights process.

This story will be updated.