Minnesota Twins owner Jim Pohlad has handed day-to-day operations of the club to his nephew Joe Pohlad, the third generation of family leadership of the franchise.

Jim Pohlad announced the transition in a letter to staff on Monday that was made public by the Twins. He said he will remain controlling owner, involved in Twins and Major League Baseball business. Joe Pohlad will become executive chair, and president and CEO Dave St. Peter and president of baseball operations Derek Falvey will report directly to him.