Citing his advancing age and a need for "a progression," Lou Lamoriello turned over his job as general manager of the New Jersey Devils to Ray Shero, one of the NHL's top free-agent executives.

Lamoriello, 72, has been the Devils' GM since the 1987-88 season, winning three Stanley Cups during that time. He will remain the team president and will oversee Shero, who was most recently general manager of the Pittsburgh Penguins.

"My age is no secret," Lamoriello said in a conference call Monday. "I have to be realistic; I have to be honest with myself."

Shero, 52, was the architect for the Penguins' recent run of success, which included playoff appearances in each of his eight seasons. The Penguins won the Eastern Conference in 2008 and 2009, claiming the Stanley Cup in 2009.

Holland, Babcock have 'nice talk'

Red Wings GM Ken Holland and coach Mike Babcock had what Holland described as "a nice talk" about Babcock's future during the weekend.

One of the topics discussed was in regard to Babcock's coaching future in Detroit. Babcock, 52, is in the final year of a contract that expires June 30.

Holland said he would "give myself the month of May and hope it's concluded by then — or close to it."