Theo Epstein says ‘change is warranted and necessary’ after the Cubs’ latest postseason flameout

© David Banks/Getty Images North America/TNS Theo Epstein, president of baseball operations of the Chicago Cubs, looks on as David Ross, manager of the Cubs talks to the media during a press conference at Wrigley Field on October 28, 2019 in Chicago, Illinois.

Theo Epstein isn’t going anywhere — for now.

The Chicago Cubs President of Baseball Operations intends to stay with the franchise, pending any development following his future meetings with Chairman Tom Ricketts later this month.

“I’m a Cub,” Epstein said Monday in a conference call with reporters following the team’s quick exit from the postseason. “The status quo is the most likely outcome.”

After he completed his ninth season in Chicago, Epstein again acknowledged there will be a transition, perhaps no later than after his contract expires after the 2021 season.

“I’ve been transparent about my feeling that after a certain period of time there can be real benefit for both an individual leader and an organization for some change,” Epstein said in an hour-long interview. “I’m not going to run away from those feelings, but I’m also as invested in the Chicago Cubs as I was at any point in the last nine years.”

Speculation had centered around general manager Jed Hoyer as a potential successor, but there is no plan in place according to Epstein.

Hoyer worked alongside Epstein with the Boston Red Sox, winning two World Series titles (2004 and 2007) and one with the Cubs (2016). Hoyer also was the top person in baseball operations with the San Diego Padres before he reunited with Epstein on the Cubs after the 2011 season.

“We’re lucky to have Jed,” Epstein said.

As for his intentions, Epstein said he feels the same today as he did when he took over the Cubs — proud to be a member of the organization with the intent to set it up for long-term success. During the call, Epstein acknowledged the shortcomings and need to fix an offense that failed during the 60-game season and a quick wild-card series elimination by the Miami Marlins.

“That’s where my energies are,” Epstein said of his overall feelings.

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