Former QPR chairman Gianni Paladini has left the club by mutual consent after eight years at Loftus Road.
Paladini stepped down as chairman following and had been working in an advisory role.
"QPR will always be very close to my heart and I am extremely proud to see the team playing in the Premier League," said Paladini.
"I wish the club, players, staff and fans all the very best for the future."
QPR chief executive Philip Beard added: "On behalf of everyone at the club, I would like to thank Gianni for his contribution to Queens Park Rangers over the years.
"He has gone beyond the call of duty in his time here and, in more recent times, played an integral role in our return to the Premier League as well as assisting the football management team with the acquisition of some key players."