Sir Chips Keswick, chairman of Arsenal Holdings Limited, has retired after seven years at the helm of the club.
Lifelong Arsenal fan Sir Chips, who turned 80 in February, has been a member of the Arsenal board since 2005.
In a statement, Stan and Josh Kroenke said: “We would like to express our immense gratitude for everything Sir Chips has done for Arsenal Football Club as a board member and chairman of the board over the past 15 years.
"His extensive business knowledge and experience coupled with his deep love of Arsenal have made him the perfect chairman.