Peter Moore will quit his role as Liverpool chief executive after three years stay at the club
Liverpool have confirmed that the 65-year-old will step down as the club's chief executive officer at the end of August.
Moore took up the Liverpool CEO role in 2017 after stints with Sega, Reebok, Microsoft and EA.
He will be replaced by Billy Hogan, who currently serves as the club's managing director and chief commercial officer.
While Jurgen Klopp and his players have been delivering on the pitch, becoming European, world, and now Premier League champions over the past 15 months, Moore has ensured the club has been delivering off it.
In February, Liverpool announced a pre-tax profit of £42m for last year despite a record £223m investment on players
Aided by a major increase in media receipts, revenues broke through the half-billion mark as the club brought in £533m during the period.
Reflecting on his time at Liverpool after his renouncing was confirmed, Moore said: "I've loved every minute of the job here in Liverpool and feel privileged to have moved the club forward on its civic, commercial and community operations during the last three years. It's been an incredible journey and I'd like to pay tribute to John, Tom and Mike for giving me the opportunity to lead the business operations at Liverpool.
“I’ve had the great pleasure of working with an exceptionally talented senior leadership team; a group of committed colleagues who work tirelessly for the club; former players; business, community and civic partners and sponsors; incredible supporters around the world and so many other people I’ve met through my role as CEO. I'm indebted to so many people I’ve met on this fantastic journey at Liverpool.
"To think we have won the UEFA Champions League, FIFA Club World Cup and now the Premier League title during my time here is way beyond my dreams. It’s been a phenomenal achievement by the manager, players and staff. The team fully deserves the plaudits and recognition – and the memories I will cherish forever."