Shearings is searching for a new chief executive following Denis Wormwell’s decision to leave in December.
Wormwell, who joined the business nine years ago, said he planned to pursue a non-executive career.
His deputy, Gary Speakman, will run the business until a successor is found.
Wormwell, who led the company’s management buyout in 2014 and its subsequent sale to Lone Star Funds earlier this year, said: "I have thoroughly enjoyed my time with Shearings and it has been a privilege to work with such an experienced and talented team.
"I am proud of the achievements and progress we have made together. However, nine years is a long time as CEO and I feel I have personally achieved everything that I set out to do. I am delighted to be leaving the role with the business in a strong position."
Grant Hearn, chairman of Shearings Leisure Group, said: "Denis has made an enormous contribution to the Group over the last decade, repositioning its offering to attract a wider and younger customer and driving consistently strong, profitable growth across the business. We wish him every success for the future."
