The New York Mets announced Thursday that team president Sandy Alderson will step down as soon as the search for his successor concludes. Alderson will then transition to a special advisory role in the front office.

“When I asked Sandy to come back to the team, it was for a defined period of time and with a specific mandate — revive our culture and this iconic franchise for our fans, partners and employees,” Mets owner and CEO Steve Cohen said in a statement.

“For me personally and for the organization, it’s the right time for this transition,” said Alderson. “We are having a successful season, we have made several key additions to our senior leadership team and we have built a strong and forward-thinking culture.