Leeds United will appoint a managing director "to strengthen the executive management team", it said in a statement to the Stock Exchange.
The company's board also agreed a number of non-football changes that will save the company's cost base about £3 million sterling a year.
The company's operations director has left with immediate effect.
"With the combination of overhead savings and the planned strengthening of the management team, we believe that Leeds United will be better positioned to deal with the considerable challenges currently facing the football sector and to help restore its financial performance," said chairman Peter Ridsdale.
Ridsdale has been under fire from the team's fans for selling players such as Jonathan Woodgate to tackle the club's debts which stood at £77.9 million at the end of June 2002.
The managing director has not yet been selected. Leeds are 15th in the 20-team premier league after a disappointing season.