Stewart Robertson is to leave Rangers this summer.
The club's managing director will leave the Ibrox club at the end of the season.
As a result, James Bisgrove has been appointed as Rangers' new chief executive.
Robertson will depart Rangers on July 31, having decided to explore new opportunities.
Bisgrove will transition from his current Director of Commercial and Marketing role, becoming Rangers CEO from the beginning of August.
Robertson leaves his eight-year tenure having returned the club to profitability and delivered the historic 55th League title and several strong European campaigns which culminated in the 2022 Europa League Final in Seville, and the return to Champions League football.
Rangers Chairman, John Bennett, commented: “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.”
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Robertson, 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."
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.
"In the past four years, I've witnessed first-hand what this great club means to our supporters worldwide, and, together with our Chairman, John Bennett, and the Board, we will work tirelessly to achieve the success Rangers supporters deserve.
"My immediate priority is to ensure Michael Beale and his staff continue to have the resources and environment they require to put a winning team on the pitch and to deliver regular trophies for our supporters.
"This will be underpinned by overseeing the continuation of our positive financial performance and sustained profitability off the pitch.
“I'm personally looking forward to energising our engagement with all Rangers supporters and overseeing a strengthened and aligned culture.”
