"This is a historic day for the Coyotes and the entire NHL," Coyotes owner Alex Meruelo said. "I have known Xavier for over a decade and he is a seasoned executive with over 20 years of business and investment experience. We share the same approach to business and his intellect, leadership skills and strategic mindset made him the clear choice to be our new CEO. He is a leader with tremendous vision and integrity, and I have the utmost confidence that he can help the Coyotes become a world class organization on and off the ice."