Wild owner revealed as Twins minority investor; Tom Pohlad takes over as club’s top executive

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    Tom Pohlad presser WEB 12-17-25 

The Pohlad family, owners of the Twins since 1984, announced last year they were putting the team on the market, to the celebration of many. That exploration ended in August, when the family said they had gained a capital infusion from minority investors and will continue to run the franchise.

We now know who those minority investors are.

New York-based private investment firm Glick Family Investments and George G. Hicks, co-executive chair of multinational credit specialist Värde Partners, are getting on board as principal investors. Craig Leipold, majority owner of the Minnesota Wild, is joining as a limited partner.

The Pohlad family will maintain a controlling stake, though they announced some changes to the club’s leadership structure, pending Major League Baseball approval.

Tom Pohlad, the current executive chair of Pohlad Companies, will succeed his brother, Joe Pohlad, as the baseball team’s executive chair and replace his uncle, Jim Pohlad, as the primary liaison to MLB. Jim Pohlad had handed over day-to-day operations to Joe Pohlad before the 2023 season.

Click the video box on this page to watch newly-named Twins Controlling Owner Tom Pohlad discuss the reasons for and impact of three new investment partners his family brought in

“It is a profound honor to have the opportunity to continue a legacy that has been part of my family — and this community — for the past forty years,” Tom Pohlad said in a statement. “My uncle and my brother have led this organization with integrity, dedication, and a genuine love for the game. As I assume my new role, I do so with great respect for our history and a clear focus on the future — one defined by accountability and stewardship in our relentless pursuit of a championship.”
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