Tommy Smith retires as Tennessee Titans president and CEO

Tennessee Titans president and CEO Tommy Smith arrives at a hotel where NFL meetings are taking place in New York, Tuesday, Oct. 7, 2014. (AP Photo/Seth Wenig)
Tennessee Titans president and CEO Tommy Smith arrives at a hotel where NFL meetings are taking place in New York, Tuesday, Oct. 7, 2014. (AP Photo/Seth Wenig)

NASHVILLE, Tenn. (AP) - Tommy Smith is retiring as president and chief executive officer of theTennessee Titans, saying that dividing his time between the NFL team his late father-in-law founded and the other business left by Bud Adams was not good for either company.

Smith said in a statement released Friday that he cannot serve two big roles as effectively as he had hoped. He cites family, personal health and trying to make good decisions for two companies as reasons for his decision.

He took over as the Titans' president and CEO after Adams died in October 2013, and Smith also is president and chairman of Adams Resources, a Houston-based multi-billion company.

Steve Underwood, who retired in 2011, is rejoining the Titans as interim president while the team searches for a new president.

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