Philstar.com was able to get the official statement of PBA President/CEO Chito Salud on his resignation. Below is Salud's official statement in full text:
"I have formally and respectfully signified my intention to step down as President/CEO of the PBA effective at the end of Dec 2015.
The organizational structure of PBA as we have envisaged is already in place. The handover to the new Commissioner has been smoothly executed. And the Board under Chairmsn Non's leadership continues to be as it is -- a source of strength, stability and continuity as the PBA charts its way forward.
It is for these reasons that I believe the time is right for me to move on, confident as I am that I have already made my modest contributions to the critical transition into this current PBA season."
READ: Salud resigns as PBA President; Board set to meet