TORONTO -- Bob Nicholson has stepped down as president of the Toronto Argonauts.
Owner David Braley made the announcement Monday, stating in a release Nicholson had resigned to pursue other opportunities.
Nicholson was in his second tenure as Argos president, returning to the franchise in May 2009.
He had previously served as the team's president from 1995 to 1999, with the Argos winning consecutive Grey Cup championships in 1996 and '97.
Chris Rudge, the chairman of the 100th Grey Cup Festival, will assume the position of executive chairman and chief executive officer of the CFL club.
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