Chelsea chief executive Peter Kenyon will vacate his full-time post with the club on Oct. 31, the club said Wednesday. But Kenton will remain at Stamford Bridge as a non-executive director to represent Chelsea on UEFA and European Clubs' Association Committees.
Kenyon moved to Chelsea from Manchester United after Roman Abramovich took over the London club in 2003. In over five years with Chelsea, Kenton oversaw two Premier League titles and a Champions League final appearance in 2008. "I think we have really built a club, in a relatively short space of time, that can be in the forefront of European football for many years to come. That is a major achievement," Kenyon said in a statement. "I am also delighted that our relationship is not ending and I can continue to make a contribution to keeping Chelsea in that position and to go back to visit friends."
"Peter has done a fantastic job for Chelsea in the last five-and-a-half years and has been absolutely central to the success on and off the field we have had during that time," Chelsea chairman Bruce Buck said. "Without his football knowledge and business acumen Chelsea would not be where we are today."