The Tampa Bay Lightning announced Monday that they have signed vice president and general manager Steve Yzerman to a four-year contract extension.

Yzerman joined the team on May 25, 2010, and his contract was set to expire after next season.

"Since the day Steve agreed to serve as our vice president and general manager, he has worked tirelessly to transform our hockey department and establish the groundwork for sustained success," Lightning chairman and governor Jeff Vinik said in a release. "We are very pleased with Steve’s job performance thus far, and I am fully confident Steve remains the right person to continue to lead us.