Michael Edwards has left his role as chief executive officer (CEO) of football for Fenway Sports Group (FSG), who own Liverpool, leaving the club ahead of the 2026/27 season.
A statement from FSG added it was a "planned transition", bringing an end to two spells at Anfield for Edwards.
He spent over a decade at the club between 2011 and 2022, firstly as performance director before becoming sporting director in 2016.
He returned as CEO in March 2024, overseeing all football operations at Liverpool, as Jurgen Klopp prepared to leave the club. Edwards was credited with signing key players that helped the Reds to the 2019/20 Premier League - their first league title since 1990.
Arne Slot took over in June 2024 leading the Reds to their 20th Premier League title. However, he was replaced by Andoni Iraola in early June after a blow-par second season.
An FSG statement added: "Edwards' departure marks the culmination of a planned transition following the completion of key strategic priorities.
"Since returning to the organisation in March 2024, he has helped oversee Liverpool through a significant period of change, including the implementation of a new football leadership structure and the appointment of a new head coach.
"He also oversaw the continued evolution of the club's football operation during a period in which Liverpool secured its historic 20th English league title in 2025, before preparations for the next phase of its development."