05/11/2012 03:02 EDT | Updated 07/11/2012 05:12 EDT

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The Dallas Stars confirmed on Thursday that Bob Gainey is rejoining the organization, this time as a senior advisor.

The development was first reported Wednesday by the Dallas Morning News.

Dallas has missed the playoffs the last four seasons, three of which have come with Joe Nieuwendyk as general manager. Nieuwendyk's first major decision was to let go coach Dave Tippett, who has since found success in Phoenix.

"I have great faith in the vision [owner] Tom Gaglardi, Joe Nieuwendyk and [president] Jim Lites have in rebuilding this franchise,” said Gainey. “I'm looking forward to rejoining the organization, and lending my advice and guidance as we strive to get the Stars back on top."

Gainey, 58, was let go by the Montreal Canadiens in late March after nearly a decade in the front office. He was named general manager in 2003, and spent the last two years as an adviser to successor Pierre Gauthier and owner Geoff Molson.

Gainey coached the Stars for 5 ½ years dating back to their time in Minnesota, and later became general manager. Dallas won the Stanley Cup in 1999 while Gainey was GM.

The Stars will hold a media conference with Gainey on May 16.