The chief executive Pike River Coal has been given notice by the mine's receivers and will leave the company on 30 November this year.
Peter Whittall was the spokesperson for the company following explosions which killed 29 men at the West Coast mine from 19 November last year. The company went into receivership in December.
Mr Whittall has also given evidence at a Royal Commission hearing into the tragedy.
A spokesperson for receivers PricewaterhouseCoopers says now that insurance matters have been almost settled and the mine sale process well advanced, a chief executive is no longer needed.
Mr Hollis says Mr Whittall will be paid his contract salary until the end of November plus any other statutory entitlements.
About 20 other Pike River workers mostly at the mine site will continue to be employed in the meantime, he says.