Cronulla has plunged further into turmoil with the wooden spooners parting company with chief executive Steve Noyce.
The club is now without a chief executive or a coach, as Shane Flanagan is still serving a suspension for his role in the supplements scandal of 2011.
Sharks players involved in the supplements program were offered backdated bans for unwittingly taking banned substances, and the majority took the deals offered by ASADA.
The club finished last following another year of turmoil that included the sacking of Todd Carney, the Sharks' highest-ever paid player, over a vile photo that went viral.
The Sharks released a statement announcing a restructure of the executive management of the club with a view to appointing a group chief executive across the football club, leagues club and upcoming property development joint venture with Bluestone. As a result, Noyce has been made redundant.
The restructure comes on the back of a wide-ranging review conducted led by Cronulla chairman Damian Keogh and the board.
"We have had a look at effective operating models of some of the top sporting clubs locally and internationally and it was apparent that we need an operating and leadership model to maximise the opportunities ahead of the club in the next few years," Keogh said.
"We have come through two of the hardest years in the history of the club and it is now time to move forward. We have considerable revenue coming to the club from our development over the next few years and must invest this wisely to ensure our long-term viability in the NRL.
"I would like to thank Steve Noyce for his dedication and commitment over the past two years. His experience in guiding the club through the ASADA issue was invaluable. He leaves the club with great respect and many supporters."
The Sharks are now actively searching for a new group chief executive to lead the leagues and football club businesses, and anticipate finalising this appointment in the coming months. In the interim, Sharks Leagues Club chief executive Marcelo Veloz will fill the position of Sharks Group CEO until the search is complete.
"We are very enthusiastic about the future of the Sharks both as a successful NRL franchise and as a business," Keogh said.
