Received this press release from the Yankees:
Today the New York Yankees announced new titles for members of the Steinbrenner family.
George M. Steinbrenner III, Chairperson. Hal and Hank Steinbrenner, Co-Chairpersons. Jennifer Steinbrenner Swindal, Jessica Steinbrenner and Joan Steinbrenner, Vice Chairpersons.
George M. Steinbrenner stated, â€œI am excited to announce these titles. I am pleased to work with my two sons, Hal and Hank. With me, they will jointly oversee the club on a day to day basis. I am also gratified to recognize the leadership of my daughter Jenny in the clubâ€™s charitable endeavors and her involvement with new stadium matters; as well as the contributions of my wife Joan and daughter Jessica in assisting me.
â€œTogether with my executive team, the New York Yankees are prepared for the future and the exciting challenges the next several years will bring.â€
I’m not sure what this means, estate planning perhaps. If nothing else, it shows that Hank and Hal are indeed on equal footing.