Quick Facts
Biography
George Postolos (born December 6, 1963) is the President & CEO of The Postolos Group LP, a firm that focuses on advising in sports acquisitions of major league franchises. He was formerly the President of the Houston Rockets and Houston Astros.
Early life
Postolos graduated magna cum laude from Harvard University with a degree in political theory in 1986 and from Harvard Law School in 1990.
Career
Postolos specialized in mergers and acquisitions for the New York law firm Wachtell, Lipton, Rosen & Katz before becoming the personal assistant to then-NBA commissioner David Stern. He was hired as the Houston Rockets' Chief Operating Officer in 1998. During his time with the Rockets, Postolos played a large role in winning the arena referendum to build Toyota Center in downtown Houston. In 2006, Postolos resigned as President and CEO of the Rockets and started The Postolos Group, LP, an investment and advisory firm that specializes in the sports and live entertainment business.Postolos became president of the Astros on November 27, 2011 following the sale of the team to Jim Crane. He replaced Tal Smith. He resigned as President and CEO on May 13, 2013 and was later replaced by Reid Ryan.