Former Giants managing general partner Bill Neukom has died, the team announced Thursday afternoon. He was 83.

Other details regarding Neukom’s death were not immediately known.

“On behalf of Greg Johnson, our ownership group, and the Giants family, we extend our deepest condolences to Bill’s wife, Sally, and the Neukom family,” Giants CEO Larry Baer said in a statement. “Bill will always hold a special place in our hearts and in the history of this franchise. He was instrumental in helping this organization and its players bring the first World Series Championship to San Francisco in 2010.

“Bill will always be remembered for not only his leadership of this storied organization but also his colorful bowties and the fact he’d bring a glove to the ballpark to try and catch foul balls. He was a true gentleman, a dedicated fan and a friend to so many.”

Neukom, born and raised in San Mateo, became an investor with the Giants in 1995. In May 2008, he succeeded Peter Magowan as the Giants’ managing general partner. Neukom self-published “The Giants’ Way” that same year, outlining the philosophy and standards he wanted the organization to follow.

When the Giants won the World Series in 2010, Neukom, known for wearing his signature bow ties, became the first principal owner of the team to guide the franchise to a championship since Horace Stoneham in 1954, when the franchise was in New York.

Neukom remained in the role until he retired after the 2011 season, when this news organization reported that he was asked to step down by the team’s 10-member Partners Executive Committee after a series of disagreements. He was succeeded by Baer.