Patrick Stewart, interim CEO, and Cliff Baty, Chief Financial Officer, have left the club.
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Ratcliffe said: I would like to personally thank both Patrick and Cliff for their support in helping us get to know the club and making us feel welcome and I respect their decisions to now move on as we establish a new management team for the club."
Stewart will be replaced as interim CEO by Jean-Claude Blanc, with Omar Berrada still completing gardening leave.
The club are still working on bringing in Dan Ashworth in from Newcastle United as sporting director.