Dallas Mavericks CEO Cynt Marshall plans to retire from her post effective December 31, according to the team.
When then-Mavs-majority owner Mark Cuban hired her in March 2018, Marshall—a former 36-year AT&T executive—became the first Black female CEO in the history of the NBA. That was only months after the hashtag #MeToo went viral in the wake of sexual harassment allegations against movie producer Harvey Weinstein—a time when the Mavericks organization found itself embroiled in its own workplace controversies involving sexual misconduct and harassment.
Under Marshall’s leadership, the Mavericks organization emerged from that controversy, with other women taking Mavs leadership posts amid a renewed focus on diversity and inclusion put in place.
During her tenure, the Mavs launched Girls Empowered by Mavericks—GEM for short—with the goal of engaging, inspiring, and empowering girls 9 to 14 through continued development and success. Presented by UT Southwestern, the program focuses on education, financial literacy, mental and physical health, and sports participation.
“Bringing Cynt to the Mavericks six years ago was one of the smartest decisions I’ve ever made,” Cuban said in a statement. “She has led this organization to new heights with grace and integrity, and her light will continue to shine bright throughout the community.” Cuban remains a minority Mavs owner after selling much of his majority stake last November to Miriam Adelson, widow of Las Vegas casino magnate Sheldon Adelson, and her family.
“Cynt Marshall is a force of nature,” said Mavericks Governor Patrick Dumont, Adelson’s son-in-law. “I like to say her superpower is bringing people together, but the truth is she has many superpowers. Cynt has always gone above and beyond in everything she has done, and her leadership of the Dallas Mavericks is no exception. She’s an indelible fixture in the history of this franchise, and we are eternally grateful. The positive impact she has had here will be felt for a very long time.”
Named DRC board chair last December
Last December, Marshall was named board chair of the Dallas Regional Chamber.
“Cynt is a champion for the entire Dallas region and has been a great friend to the DRC since she joined the Mavs,” Dale Petroskey, DRC president and CEO, said in a statement at the time. “She played a key role in launching the DRC’s work in Diversity, Inclusion & Community Engagement and our commitment to growing economic prosperity in Southern Dallas County and has been its biggest supporter since.”
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
North Texas has plenty to see, hear, and watch. Here are our editors' picks. Plus, you'll find more selections to "save the date."
-
The Dallas Public Library's J. Erik Jonsson Central Library in downtown Dallas—one of America's largest—was built in 1982 across from Dallas City Hall, and many agree it could use an overhaul. That especially includes library officials and consultants they brought in for a report on the building's future, among other needed investments in the city's library system.
-
Dallas Innovates, the Dallas Regional Chamber, and Dallas AI are teaming up to launch the new AI 75 program at Capital Factory's Future of AI Salon today. The first-ever list will recognize Dallas-Fort Worth innovators in artificial intelligence. Nominations are open through March 20.
-
Texas Women's Foundation presented #BESTSELF and the Leadership Forum & Awards Celebration, setting the stage with a powerful conversation between ABC News correspondent Deborah Roberts and Dallas Mavericks CEO Cynt Marshall.
-
During Cynt Marshall's one-year term chairing the board of the Dallas Regional Chamber, she will preside over the DRC’s efforts to improve the quality of life for all people in the Dallas region. The DRC also named BCBSTX President Jim Springfield as its 2024 board chair-elect.
