Devils name Ray Shero general manager; Lamoriello stays on as president
Shero will report to Lou Lamoriello, who will stay on as team president.
"Ray is well respected throughout the hockey industry and knows what it takes to win," Lamoriello said. "His 22 seasons of NHL front-office experience will be beneficial to the New Jersey Devils organization. I look forward to working alongside Ray."
ESPN's Pierre LeBrun reports that the Penguins will not ask for a Devils' draft pick as compensation for the hiring of Shero.
Shero, the son of former Philadelphia Flyers and New York Rangers coach Fred Shero, was first an assistant GM with the Ottawa Senators (1993-98) and the Nashville Predators (1998-2006) before joining the Penguins in 2006.
He held his position in Pittsburgh until 2014, winning a Cup in 2009.