After 12 years and two Super Bowl titles, Tom Coughlin is no longer the coach of the New York Giants.

Coughlin resigned after meeting with Giants ownership Monday, one day after New York completed its third consecutive losing season. Coughlin coached the Giants for 12 seasons, leading them to two Super Bowl championships.

"I met with John Mara and Steve Tisch this afternoon, and I informed them that it is in the best interest of the organization that I step down as head coach," Coughlin said in a statement. "I strongly believe the time is right for me and my family, and as I said, the Giants organization.

"It has been an honor and a privilege to serve as head coach of the New York Football Giants. This is a not a sad occasion for me. I have spent 15 years with this organization as an assistant and head coach and was fortunate to be part of three Super Bowl winning teams. A Lombardi Trophy every five years is an achievement in which we all take great pride."

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