Christian Purslow is stepping down as Liverpool managing director but will stay as an advisor.
But former managing director will remain in advisory role
Christian Purslow is to step down as managing director of Liverpool but will stay at Anfield as a non-executive director and special advisor to the club's new owners.
The 46-year-old joined the Premier League club as a replacement for Rick Parry in the June of 2009 and was a key figure in the recent £300million takeover process.
New England Sports Ventures, headed by John Henry and chairman Tom Werner, are the new owners of Liverpool and are expected to install their own boardroom figures.
Purslow, who was heavily criticised by former Reds manager Rafa Benitez on Tuesday, has therefore left his post but he will remain in an advisory role.
He said : "I came to LFC to lead the club through a sale process to get the best overall deal including, vitally, the removal of the debt. I am immensely proud of what we have all achieved.
"I now look forward to assisting the owners in any way I can at this exciting time as they drive the club forward to a bright future."
Werner said: "We are delighted Christian has accepted our offer to help us and the club, given his great experience and love for Liverpool FC.
"We will now begin a global search process for a chief-executive officer."