via Elliotte Friedman tweets,

Hearing the same thing as @JasonGregor — that EDM will have a media conference tomorrow to announce the hiring of Peter Chiarelli.

Not sure of structure of the new front office, but it is believed Chiarelli will be President of Hockey Operations (or something like that).

via Bob McKenzie tweets,

Peter Chiarelli has been in EDM meeting with Bob Nicholson for past two days. EDM won’t confirm, not yet anyway, news conference for Fri…

…but all signs point to him taking over all hockey operations for the Oilers. If Chiarelli was to take job there, he wanted full autonomy.