"No one in the Twins' organization wants to win any more than Bill," Twins owner and chief executive officer Jim Pohlad told MLB.com. "He is unquestionably loyal, committed and talented. The Twins goal is to get better in 2012 and beyond. Bill was equally motivated to achieve that goal but we differed in the scope and approach that was required.”
Smith had been hired by the Twins as their general manager in 2007, and helped lead the team to American League Central titles in 2009 and 2010.