Tommy Smith retires Titans roles

ByABC News
March 20, 2015, 6:10 PM

— -- Tommy Smith announced Friday that he is retiring as the CEO and team president of the Tennessee Titans.

"It's a personal decision for me," Smith told The Tennessean. "I will be 64 in a few weeks, and I want to spend my energy where it's needed most."

Smith will be focusing on his job as president and chairman of Adams Resources and Energy, a multibillion-dollar company based in Houston.

"While I dearly love the Titans and am proud of my active role with the franchise over many decades, I can't serve two big roles as effectively as I had hoped," Smith said in a statement. "My family, my long-term personal health and the ability to make sound daily decisions for two fine companies all came into play."

Smith, Bud Adams' son-in-law, took over shortly after the former team owner passed away in October 2013.

Longtime executive Steve Underwood, who retired in 2011, will rejoin the Titans on a interim basis and oversee the search for a new president.

In February, Smith sent out a letter to season-ticket holders vowing to turn the Titans, who finished 2-14 last season, into a winner.

Information from The Associated Press contributed to this report.