RALEIGH, NC - The Carolina Hurricanes today announced that Head Coach Bill Peters has resigned his position. The team will immediately begin its search for a new head coach.

"I have a lot of respect for Bill as a person and coach," said Owner/CEO/Governor Tom Dundon. "We thank him for his time with the Hurricanes and wish him success in whatever comes next."

Peters compiled a career record of 137-138-53 in four seasons, after being named head coach for the Hurricanes on June 19, 2014. He was the 13th person in franchise history to serve as head coach and the fourth since the team's arrival in North Carolina in 1997. In addition to his work with the Hurricanes, Peters won a gold medal as the head coach for Canada at the 2016 IIHF World Championship, and he will again lead Canada during the 2018 IIHF World Championship.

"I want to thank Tom Dundon, Peter Karmanos and Ron Francis for the trust they put in me to lead the team," said Peters. "I feel the incoming general manager should have the ability to hire his own head coach. I also want to thank Don Waddell and the entire front office and PNC Arena staff. This business requires hard work and long hours, and I greatly appreciate the efforts of the many people I have worked alongside during the past four years.

"We enjoyed our time in Raleigh, and my family will always feel a connection to North Carolina. I feel like this is a good time to move on, and I am looking forward to my next challenge."