With the back to back dismay for Los Angeles Dodgers, they have finally decided to revamp the team's line up, but not the players but the executives.

The team hired Andrew Friedman for the new position of president of baseball operations, while current general manger Ned Colletti will stay on in a new role as a senior adviser to team president and CEO Stan Kasten.

According to Friedman "As I embark upon my next journey, I have only thanks and gratitude to the Rays organization and the Tampa Bay region."

Kasten has described Friedman as "one of the youngest and brightest minds in the game today."

Friedman helped the Rays secure a four postseason appearance, which includes division titles in 2009 and 2010, while overseeing one of the major leagues' lowest payrolls.

Friedman directly reports to Kasten.

Friedman said "It happened fast because our end happened fast. None of us were ready for our season to end. It caught us by surprise."

According to Friedman, there will be additional staff for him but he does not give a clear answer whether the team will have a new GM.

He said "That is up to Andrew. Whatever he needs to supplement, we're all for it."

He later added "I expect to be involved in helping him."

Friedman was asked whether the recent defeat of the Dodgers will place Colletti's position on the line.

To this he commented "That's just silly. It's not even about this season. It was a good season. It was purely about what we're doing overall, our big picture, to make our front office the best it could be."

Colletti on the other hand has praises for Friedman. He said "He's a tremendous addition to this group. He brings another view, a successful view. He has a great analytical mind."

When asked if he feels demoted, he answered "A lot of times in these situations pride and ego get in the way. I refuse to do that. I believe in the organization."

Friedman was then an analyst with Bear Stearns from 1999-2002, and then was an associate at MidMark Capital, a private equity firm, from 2002-04.