Comments PrintJim Davis/Globe Staff
Red Sox president and chief executive Larry Lucchino greeted David Ortiz at the Pedro Martinez jersey retirement ceremony last week. Lucchino said Saturday that he’ll retire from those posts at season’s end.

Red Sox president and chief executive Larry Lucchino said Saturday he will be stepping down at the end of the season, ending a remarkable 14-year run that saw the team win three World Series titles in 10 years.
“Fourteen years in a 24/7 job is a lot. I’ll be 70 in September,’’ Lucchino told the Globe Saturday evening. “That’s sort of why I’m ready to step back.’’

Lucchino’s departure will break up a famous ownership trio that also includes John Henry and Tom Werner.
Lucchino said his role as club president will be filled by Sox executive vice president and chief operating officer Sam Kennedy.
“Sam Kennedy is my choice to be the next president of the Red Sox when I complete my contract at the end of the year,’’ Lucchino said, when reached by the Globe Saturday evening. “This will be in effect when I complete my contract at the end of the season.’’

Kennedy ready for promotion
Kennedy, 42, has been one of Larry Lucchino’s closest advisors in Boston. He will replace Lucchino as team president by October.

Kennedy would take on only one of Lucchino’s roles, that of club president. According to sources close to the Red Sox, Werner is interested in taking over as the club’s chief executive. Werner, the club chairman, has been playing a more prominent role with the Sox.
“There’s a transition plan we’ve been talking about for a while,’’ Kennedy told the Globe late Saturday. “Larry has been a great mentor. I’m excited about the opportunity and grateful to John and Tom for their confidence in me.’’
Henry, the principal owner of the Sox and also the owner of the Globe, told WBZ that Lucchino “is a Hall of Fame baseball executive who has left an indelible mark on Fenway and the relationship between the Boston Red Sox and New England.” Henry also indicated his support for Kennedy’s moving up as club president.
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