He helped establish the Pizza Hut Wabash Valley Classic.
Pizza Hut will continue as a sponsor of the basketball tournament.
Fears says family time will become a priority.
"I was president of Wabash Valley Pizza Hut the last few years. We had five restaurants so it kept me pretty busy. It's time to spend more time with my family and my grand kids instead of working all the time," Fears said.
The Wabash Valley Pizza Hut has been involved with the event for nearly 20 years.
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