Rob Bickerton has left the post of STFC Managing Director with immediate effect according to the Shrewsbury Town website.
"Rob has left by mutual agreement and we will not be making further comment other than to thank him for his efforts during his time with us," said Chairman Roland Wycherley.
"This is an important stage in the Club's development, so the Board will take this opportunity to conduct a thorough review of all off-pitch operations and staffing.
"I have asked Club Director Derek Passant and former Chief Executive Steve Wellbeloved to conduct this review and report back to me and they will start work on this immediately."