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GRAY'S RECORD IN CHARGE
Took charge of team on November 11
League record: P 25 W6 L 12 D7
Only kept two clean sheets
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Leeds have relieved Eddie Gray of the managerial post at the club.
The decision was made at a meeting on Monday but Gray will stay on at Elland Road in a consultancy role with a one-year contract starting on 1 June.
Kevin Blackwell steps up from being assistant to caretaker manager for the relegated side's final Premiership game of the season at Chelsea.
"We had a very productive meeting with Eddie and the decision was amicable
," said chairman Gerald Krasner.
Speaking to the club's website, Krasner added: "I'd like to take this opportunity to thank Eddie for his contribution to Leeds United this season - probably one of the hardest on record.
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I have had a great life with the football club and it's just sad that it has come to this, but that's life
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"But we are delighted that Eddie has agreed to stay with us in a consultancy capacity so we can still benefit from his vast experience in the game."
Gray took charge in a caretaker-manager role at the club last November but has failed to stop the club from being relegated from the Premiership.
There was a doubt he could take up the manager's role at Leeds because of a lack of the required coaching badges.
"I have had a great life with the football club and it's just sad that it has come to this, but that's life," said Gray.
He added: "I would not agree that it was an impossible task to keep Leeds up.
"It was difficult, but I still enjoyed it and I am sad how it turned out in the end. I just wish the club all the best and hope they bounce back in the future.
"I will continue in a consultancy role for a year and see what happens.
"At this moment I just wish all the players and all the staff the very best. They deserve to be back in the Premiership."
The club said they are not planning to announce a successor to Gray for "some weeks".
Leeds director Peter Lorimer said: "I feel for Eddie because he's been a Leeds United club man for a lot of years now.
"He's a very loyal, very honest person. He knew he was doing the job in a caretaker capacity and the board feel they want a clean break so are now going to be looking for another manager."