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Chiefs name president

Posted by ESPN.com's Bill Williamson

The Chiefs named Denny Thum as their president on Friday.

He will oversee all aspects of the team's business operation and will report directly to owner Clark Hunt.

This will be Thum's 36th season with the team. He became the interim president in December after Carl Peterson departed the franchise. Thum was previously franchise's executive vice president and chief operating officer.

"Denny has been an outstanding member of the Chiefs organization for almost four decades, and we are very fortunate to have a person with his level of experience and expertise running the business," Hunt said in a statement. "I know he will continue to do a tremendous job in his new role as president."