Philadelphia 76ers President and General Manager Ed Stefanski announced today that Executive Vice President Larry Brown has chosen to resign.

There have been recent rumors that Brown is actively looking to get back into coaching, either at the pro or college level.

In January of 2007, Brown rejoined the Sixers organization as Executive Vice President, less than six years removed from coaching the franchise to the NBA Finals in 2001.

“It’s rare you’ll find a separation between an organization and an executive as amicable as the one the 76ers had with Larry Brown today,” said Stefanski. “Larry was born to coach and this is something he and I talked about when I took the job here back in December, so it comes as no surprise to me. Working with Larry was always a pleasure and to watch him contribute with Maurice, his staff and the players was terrific.”

Brown was enshrined a member of the Basketball Hall of Fame in 2002. In 23 seasons as an NBA coach, Brown guided his teams to eight 50-plus win seasons, seven division titles, three conference championships, and the World Championship in 2004 in Detroit.