The Trail Blazers laid off three high-ranking xecutives Thursday morning when Chief Financial Officer Gregg Olson, Senior Vice President of tickets and marketing Michele Daterman and Senior Vice President of Human Resources Traci Reandeau were relieved of their duties.

The moves come eight days after Chief Operating Officer Sarah Mensah resigned and less than a month since team president Chris McGowan moved into his office.

Olson, who was named the CFO of the Year by the Portland Business Journal in 2009 in the large private business category, was in his 10th year with the organization.

– Reported by Jason Quick of TheĀ Oregonian