The team said Wednesday night it had been planning a transition for the bow-tie wearing Neukom from his decision-making job with the reigning World Series champions and he will step down in December. The Giants planned a news conference with Baer and Neukom on Thursday.
Until the Giants captured the franchise’s first World Series title since moving West in 1958, Neukom had been best known for more than two decades of work as a Microsoft attorney and as a president of the American Bar Association. He served as top counsel for Microsoft billionaire Bill Gates.
A fourth-generation San Franciscan, Baer was an assistant to CBS Inc. chairman Laurence Tisch in New York when he helped put together the ownership group with Magowan in 1992 that prevented the Giants from moving to St. Petersburg, Fla.
His Microsoft stake was worth an estimated $107 million when he left the company in 2001. He is a partner in the Seattle office of the law firm Kirkpatrick & Lockhart Preston Gates Ellis.
Before the improbable 2010 championship run, the Giants hadn’t reached the playoffs or won the NL West since 2003 _ a year after falling short in the World Series.
The well-rounded Neukom has run a half dozen marathons, rides horses, and remains active despite undergoing hip replacement surgery three years ago.
The San Jose Mercury News was first to report Neukom’s departure.