The Boston Bruins dismissed general manager Peter Chiarelli Wednesday after an underachieving season in which the team did not make the postseason.

"We are grateful for Peter's service to the Bruins organization over the last nine seasons," Bruins president Cam Neely said in a statement. "His efforts undoubtedly helped the team achieve great success during his tenure and he helped restore the proud tradition of Boston Bruins hockey."

In the statement, the team said it fired Chiarelli "in order to ensure sustainable success for the club both in the short term and the long term."

Chiarelli was the mastermind in assembling a roster that won a Stanley Cup in 2011 and reached a Cup Final in 2013.

The team said that head coach Claude Julien and his staff will remain in place for the time-being.