George Kliavkoff is out as commissioner of the Pac-12 Conference, the league announced on Friday.

Kliavkoff's last day will be Feb. 29 and the Pac-12's statement, which noted the sides "mututally agreed to part ways," said that "details about new leadership" will be announced next week.

Sources told Yahoo Sports' Ross Dellenger that Pac-12 deputy commissioner Teresa Gould is expected to take over once Kliavkoff is gone.

Kliavkoff replaced Larry Scott as Pac-12 commissioner in July 2021 after years working in various roles for MGM Resorts International, MLB Advanced Media, NBCUniversal and Hearst Communications, among others.