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Tom Renney is out as coach of the Edmonton Oilers.

The team announced on its Twitter feed Thursday that it won't renew Renney's contract.

"Tom's done some great things for our hockey club," general manager Steve Tambellini said in a video statement posted on the Oilers' website. "But we felt at this time it was the right decision to make a change.

"We're entering a new phase of our hockey club. We've got some great challenges, but ones that we're looking forward to. I want to thank Tom for his work that he's done with us."

The Oilers were 32-40-10 this season, the second-worst record in the NHL, after going a league-worst 25-45-12 in 2010-11 in Renney's first season with the team.

The 57-year-old Renney also has coached the New York Rangers and Vancouver Canucks.

"Obviously, it's about wins and losses," Renney said at the end of this season. "I try to work hard. I try to be the good soldier in what the organization requires of me. I do try to let my body of work speak for itself."