Rangers have announced that managing director Stewart Robertson will leave the club this summer.
A new CEO has also been appointed as part of “executive team changes” revealed on Tuesday.
Robertson will officially depart the club on July 31 to explore new opportunities elsewhere after eight years at Ibrox.
James Bisgrove will transition from his current Director of Commercial and Marketing role, becoming Rangers CEO for next season.
It comes after sporting director Ross Wilson left to join Nottingham Forest earlier this month.
In a statement released on social media and the club’s website, chairman, John Bennett, said: “In thanking Stewart for his tireless work and commitment to the club over the past eight years, the Board and I wish him every success in his new project.
We look forward to welcoming him back to Ibrox as a supporter of his boyhood club.
“The Board is delighted to appoint James as the new CEO of Rangers. Having transformed the club’s commercial operations, James has demonstrated outstanding credentials in the key areas of commercial delivery, talent development and leadership.
“He is ideally positioned to drive the step change in energy and restructuring that is now underway.”
Roberston was at the helm when Rangers were promoted to the Premiership and oversaw their league title win in 2021 and journey to the Europa League final a year later.
But he, along with other key member of the Rangers board, have been a target of frustration by supporters who feel they failed to build upon these achievements.
He said: “As a lifelong supporter of Rangers, it has been a privilege to hold this post for the past eight years.
“I’m very proud of what the supporters, the Board, the investors, the players, management teams, and our loyal staff, all working together, have achieved in that period. I would like to thank everyone for their incredible support, without which it wouldn’t have been possible.
“I wish John, James and everyone connected with the club the greatest of success in the future.”
New CEO, James Bisgrove, added: “I would like to thank and congratulate Stewart for all he has achieved at Rangers. His daily support and wisdom have been invaluable.
“Rangers Football Club is a globally renowned institution steeped in success and the scale of privilege and responsibility I feel to serve its supporters as CEO is immense.
Follow STV News on WhatsApp
Scan the QR code on your mobile device for all the latest news from around the country