Updated

Detroit, MI (SportsNetwork.com) - The Detroit Red Wings have signed executive vice president and general manager Ken Holland to a new four-year contract that will keep him with the organization through the 2017-18 season.

Holland, 58, has been the GM for Detroit since July of 1997. Since that time, Detroit has won more regular season games (746) and postseason games (115) than any other team in the NHL.

"Ken is regarded as one of the premier executives in the National Hockey League and has been instrumental in the success of the Red Wings over the last two decades," Red Wings owner Mike Ilitch said. "Marian [Ilitch] and I are extremely pleased that he will continue to lead our hockey club over the next four years. We feel strongly that stability is key to the success of any organization and having this new agreement in place with Ken is important to the organization and its future."

Over his tenure, the Red Wings have made the postseason each year and have won Stanley Cups in three of those seasons (1998, 2002, 2008). He was also a member of the 1997 Stanley Cup team as an assistant general manager.

Also, the Red Wings won four Presidents' Trophies, five regular-season Western Conference titles, 10 Central Division titles and have produced 13 100-point seasons.

Prior to his role in team management, Holland was a Red Wings player and scout. He has been with the organization in various capacities for the past 31 seasons.