Former TCU athletic director, Southern Conference commissioner, and Wofford College senior vice President Danny Morrison is the Panthers' new President:
The impact on the team is somewhat minimal. A football guy (albeit not a pro football guy), Morrison won't come in with agendas; he's not going to bring in pro guys he's familiar with. He's not a finance guy, so he's not going to cut salaries in an effort to push profits. He's not the type to get power hungry, so you'd assume he'll work well with the front office instead of getting into squabbles to prove himself.
Long term, it's just a guy that Jerry Richardson feels he can count on, and that's really all he needs. The team could very well still create a post of Vice President/Football Operations to give legitimate power to an office over the GM, but that's an entirely different ideal.