The 64-year old informed the Manly board of his decision earlier today, after recent medical checks confirmed that he needed an extended period of time away from work.
â€œBeing CEO of Manly was a dream job for me but unfortunately I don’t have the energy and commitment to do the job to the best of my ability because of my health.
â€œIt is time for me to give myself every opportunity to recover for the sake of my four children and my wife Karenâ€¦.and to be a little selfish myself.
â€œThis is the second time I have had to stand down from an important position because of health issues at Manly and I am heartbroken about that.
â€œBut at 64 I can’t tempt fate anymore and I can’t do the job Manly require of me like I am and like I am likely to be for some time. I have been at some wonderful football clubs in my life but the Sea Eagles are special and they will win a premiership under Des Hasler again sometime soon.
â€œI would have loved to have been a small part of that. But I will cheer for them from Auckland like I have every year since I left my coaching position at the club because of heart problem issues,â€ Mr. Lowe said.
Manly Chairman, Scott Penn, is grateful for all the hard work that Lowe has put in since he became CEO in late 2009, and appreciates the efforts made by Lowe during that time.
â€œGraham came in during difficult times and helped steady the organisation with his calm approach and excellent knowledge of the game. His linking of the front office with the football operations has been outstanding and we wish him, Karen and their seven year old boys Jack and Sam the very best for the future.
â€œGraham Lowe has given his all for the Sea Eagles in his second tenure with the club and has impressed everyone with his professionalism and passion towards his position,â€ Mr. Penn said.