August 14, 2014 at 6:44 pm

Red Wings GM Ken Holland signs 4-year extension

Ken Holland has served as Red Wings GM since 1997. (David Guralnick / Detroit News)

Ken Holland, the Red Wings’ executive vice president and general manager, has signed a four-year extension that will keep him with the team through the 2017-18 season, the team announced Thursday.

“Ken is regarded as one of the premier executives in the National Hockey League and has been instrumental in the success of the Red Wings over the last two decades,” Red Wings owner Mike Ilitch said in a statement. “Marian and I are extremely pleased that he will continue to lead our hockey club over the next four years. We feel strongly that stability is key to the success of any organization and having this new agreement in place with Ken is important to the organization and its future.”

Holland, 58, has served as the Red Wings’ general manager since 1997.

Under Holland, the Red Wings have won 746 regular-season games and 115 postseason games, both more than any other NHL team. He has been part of four Detroit Stanley Cup titles — in 1997 as assistant GM and in 1998, 2002 and 2008 as GM.