North Melbourne has announced CEO Carl Dilena will step down from the role on October 31.
Dilena joined the Kangaroos as a member of the board in 2008 before taking over as chief executive in 2013.
"Collectively, we have decided that the time is right for change," Dilena wrote in a letter to club members.
"The board’s primary focus and goal with me stepping into the CEO role … was to embark on a financial turnaround of the club.
"While I will naturally depart the club with a tinge of sadness, I also leave feeling comfortable in the knowledge that all of the great people I have worked with have given their all and positioned the club for a bright future."
Roos chairman Ben Buckley was thankful for the impact Dilena has had on the organisation during his time at Arden Street.
"On behalf of everyone at North, I'd like to sincerely thank Carl for his incredible service and work, and we'd also like to say thanks to his wife Simone and family," Buckley told the club's website.
"Without Carl's skillset and expertise, we would not be where we are today."
Current AFLCA boss, Mark Brayshaw is rumoured to be in consideration to take over from Dilena.