Dragons confirm the resignation of Mike Davies as Managing Director.
David Buttress will move into an executive chairman role for the remainder of 2019.
Commenting on Mike’s decision to resign, David said, “We would like to thank Mike for his contribution to the Dragons during his time with the region.
“As a Board and organisation we are determined to dramatically grow our revenues to continue to invest in the team, commercial and stadium infrastructure as well as community development programmes, so a strong leadership team at the helm is essential to drive the region forwards.”
Mike Davies said: “This has been a difficult decision to leave the region. However, I’m convinced that this is the right time for me and the Dragons to make a change.
“My roots are embedded in Gwent and I will continue to be a fervent supporter of the team. Although there’s much work still to do to achieve success, there’s great potential for the Dragons to build a bright future.
“Off the field we’ve seen growth in our commercial revenues this last twelve months and refined our financial accountability. There’s an academy brimming with young talent that’s performing at age grade level and the region is supplying an increasing number of international players for both Wales under-20s as well as the senior side, enjoying recent Grand Slam success.
“I would ask everybody to get behind David and the Dragons team.”