John Bennett has stood down from his position as Rangers chairman “with immediate effect due to health reasons”.
The 61-year-old took over from Douglas Park in 2023 after three years as vice-chairman and eight years on the board.
Former director John Gilligan will take over on a temporary basis until a permanent replacement is appointed.
A statement from the club said: “The board of Rangers Football Club today announces chairman, John Bennett, is stepping down with immediate effect for health reasons.
“The board wants to sincerely thank John for his service and significant commitment over the last nine years and wishes him a full and speedy recovery. It is requested his and his family’s privacy is respected at this time.
“Former director, John Gilligan, will temporarily fulfil the role of chairman until a permanent replacement is appointed.
“The board thanks John for stepping in at short notice and believes his experience in senior business roles throughout a long and successful career, and also, as a former director of Rangers, will be invaluable at this time.
“The board is undertaking a robust process with the help of professional advisors to fill the roles of CEO and Chairperson. In the meantime, the club’s executive management team will continue to lead the club on a day-to-day basis.”
Rangers will return to Ibrox after playing four games at Hampden Park
The outgoing chairman oversaw the appointment of manager Philippe Clement in October, following Michael Beale’s sacking.
Rangers are currently without a chief executive following James Bisgrove’s summer departure and are yet to play at Ibrox Stadium this season because of delayed renovation work.
After four games at Hampden Park they will return to Ibrox for next Saturday’s League Cup tie with Dundee.
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