Adams chief executive David Carter-Johnson is to step down at the end of this week.
Carter-Johnson will leave the company to take on non-executive directorships and chairmanship roles outside of the kidswear chain.
Carter-Johnson joined the business as chief executive in 2007, when Shannon first rescued the business from administration. He had also worked at the chain previously as managing director in 1982.
Adams chairman John Shannon said: “I would like to thank David for his hard work, commitment
and contribution to Adams and wish him every success for the future. I expect to announce David’s successor later this week.”
Adams ran into more difficulty at Christmas and was again placed into administration before Shannon rescued a number of the stores for a second time.