Bristol City chairman Colin Sexstone has confirmed he will be leaving at the end of this month.
Majority shareholder Steve Lansdown paid tribute to the outgoing chairman for all his work in establishing the Robins in the second tier of English football.
Lansdown told the club's official website: "Colin can look back at his time with Bristol City with pride. To be stepping down as the club is entering its sixth consecutive season in the Championship is a great legacy."
Sexstone added: "The new board of directors has settled in extremely well over the last 12 months and it is now clear that a full-time executive chairman is not required.
"It has been a huge pleasure and privilege to work for Bristol City over the last 11-and-a-half-years and I wish the club every success in the future, especially regarding the new stadium at Ashton Vale in which I have been so deeply involved."
And incoming chairman Keith Dawe said: "I am very proud to become chairman of the club. I look forward to working with the rest of the board, as I have done for the past 16 years, to continue the progress of this great football club."