Kris Machala has handed over the Chairmanship of the Club to Shahid Azeem.
The club announced the change as being part of the continued restructuring and refinancing of Aldershot.
Machala remains a major shareholder and a board director within the club, but also has outside business interests that require more of his time, and Azeem takes the role with the support of the board following his involvement for two years with them as a Non Executive Director.
A statement on the Official Site read.
'On behalf of all the Directors, staff and supporters we take this opportunity to formally thank Kris for his dedication and commitment during his tenure as owner and chairman. We formally welcome Shahid to the role of Chairman and have every faith he will lead the club through a difficult but improving position.'