After losing to the Florida Panthers in the 2024 Stanley Cup Final in seven games, the Edmonton Oilers will have a change to their front office.

Per ESPN's Ryan S. Clark, the Oilers confirmed that they will not renew the contract of general manager Ken Holland, ending his tenure in the role after five seasons.

Holland had been in the final month of his contract. Oilers CEO of hockey operations Jeff Jackson said that the decision not to renew his deal was mutual.

"Over the past five seasons as general manager, Ken has not only built the Edmonton Oilers into one of the NHL's best teams, but he has also established a deeply rooted foundation of success and a culture of winning that will continue well into the future," Jackson said in a statement. "Thanks in large part for Ken's outstanding work, Edmonton has become a destination city for players around the National Hockey League."

Holland joined the Oilers in 2019 after spending 34 seasons with the Detroit Red Wings in numerous front-office roles, including general manager since 1997. He helped guide Detroit to three Stanley Cup victories during his tenure, earning an induction to the Hockey Hall of Fame in 2020.

The Oilers reached the playoffs in all five seasons under Holland and made it to the Stanley Cup Final this year for the first time since 2006. Despite facing a 3-0 series deficit, Edmonton fought back to force a decisive Game 7 but fell short in a 2-1 loss.

The Oilers still have a window to contend for a championship thanks to the star duo of Connor McDavid and Leon Draisaitl. Holland's replacement will be tasked with filling out the roster around them in hopes of reaching another Stanley Cup Final next season.