ARLINGTON, Texas -- After productive talks the past two weeks, the Texas Rangers announced Wednesday that CEO Nolan Ryan is staying with the organization.

Ryan and Rangers co-chairmen Ray Davis and Bob Simpson issued joint statements that said all sides are focused on bringing a World Series championship to Arlington.

The announcement ends weeks of speculation about whether Ryan would leave the club after losing his title of team president during the offseason. The Rangers promoted general manager Jon Daniels to president of baseball operations and Rick George to president of business operations on March 1.

Ryan attended all six home games over the weekend and into this week, including Wednesday's contest against the Tampa Bay Rays, which started with a game-time temperature of 39 degrees.

"After productive discussions the last several weeks with Ray Davis and Bob Simpson about the structure of our organization, together we are moving forward," Ryan said in a statement. "In my role as CEO, I am focused on working closely with ownership and with Jon Daniels and Rick George to build on the success of the past five years and to bring a championship to Arlington."