GREEN BAY – At first, it seemed like business as usual for Mark Murphy during his 18th and final shareholders meeting as the Packers' president and CEO.

Met with a standing ovation from the 6,529 in attendance at Lambeau Field, Murphy gave his annual state-of-the-team address, interlaced with bits of his humor and wit.

After thanking Packers fans for their support, Murphy officially passed the lectern to his successor, Ed Policy, who offered his opening remarks before surprising his former boss with a video on the stadium videoboards.

The montage recounted the team's success under Murphy's leadership, a 17-year stretch that included 13 playoff berths, eight NFC North titles and a Super Bowl XLV championship.

"I didn't know that was gonna be (played)," said Murphy with a smile afterwards. "At the end of the day, this is a business meeting and there's things we have to do. We made the shareholders aware of the state of the business and how things are going. I was very pleased with the way it went, and I think it was a good way to introduce Ed, too, to the shareholders."

Hired to succeed Bob Harlan in December 2007, Murphy bravely led the Packers organization into a new era of the NFL. He directed the development and construction of Titletown and the renovation of Lambeau Field several times over.

Murphy signed off on upgrades to the football facilities. He promoted Brian Gutekunst to general manager and hired Matt LaFleur as head coach. In one of his final acts as president and CEO, Murphy helped secure the 2025 NFL Draft for Green Bay.

He also worked alongside Policy for the past year during a pivotal presidential transition period, paying it forward like Harlan did with him back in 2008.

"We all know it's never easy following somebody like Mark Murphy, but it's much easier if he's taken the time to prepare you to do so, so thank you Mark," said Policy during his address of shareholders.

"I'm exceedingly grateful to you, Mark, for the impact that you had on me over the past 13 years, and I assure you that going forward I'm going to lean heavily on your example and your pearls of wisdom as I move the organization into the future."

Murphy reiterated he'll be retired in title only, still serving on several boards and committees. He's also spoken with NFL Commissioner Roger Goodell on possibly assisting the league in some capacity.

Closer to home in Wisconsin, Murphy has a golf course in Bailey's Harbor, Maxwelton Braes, which recently had a new irrigation system installed. He and his wife, Laurie, are also on the verge of becoming grandparents for a seventh time.

Murphy joked about potentially getting an office to handle his post-retirement affairs but confirmed it will not be at Lambeau Field. The title of Packers president and CEO now belongs to Policy and Murphy wants to respect that. It's a role in which Murphy is confident Policy will thrive.

"I really am very appreciative, he was very sensitive and very gracious over the past year," Murphy said. "There's no question he's positioned and ready to have success. He and I have talked about it. Don't be afraid to change things. Follow your instincts. He's got really good business sense. Hopefully we put him in a position where he can have success not only in the short term but the long term of the organization."

In his address to fans, Policy discussed his appreciation for the Packers' diehard fanbase while also expressing his excitement to build upon the franchise's winning tradition.

Policy was first hired as vice president and general counsel in August 2012 before receiving a promotion to chief operating officer and general counsel in January 2018. Last June, he was unanimously elected as chairman of the board, president and CEO by the Packers' board of directors.

"I want to thank you, our owners, for investing so much in me over the past 13 years," Policy said. "It's been really special, and I intend to pay it back with results both on and off the field."

Asked what he wants Packers fans to remember most about his tenure, Murphy said he hopes they feel like he left the organization better than he found it.

Crediting Harlan for giving him a solid foundation from which to build in 2008, Murphy made it his mission to set Policy up for similar success. Judging by the overwhelming response Friday, he succeeded.

"Obviously, I'm so thankful for the tremendous run that I've had and to be able to interact with the fans the way that I have," Murphy said. "I'm very appreciative and I also feel honored, too, that the fans have been so supportive of me and the organization.

"But (I'm) really excited too for the future of the organization and for Ed, in particular. I feel so grateful to Bob Harlan. He and I overlapped for a number of months but more importantly, he left the organization in a great place and hopefully I've done the same for Ed."