New Sharks CEO John Smit has confirmed that current Sharks coach John Plumtree will leave his position at the end of the season as he will not have his contract renewed.
New Zealander Plumtree has been in charge of the Durban franchise since 2008, guiding the team to two Currie Cup titles and a Super Rugby final.
There was mounting speculation over his future at the weekend when reports emerged that former Springbok coach Nick Mallett had been approached to take over.
Smit also revealed that former Springbok back Brendan Venter, the current director of rugby at Saracens has been appointed as the Sharks Director of Rugby, effective 1st August 2013.
John Plumtree will remain as the head coach of the Sharks until the end of the Super Rugby tournament.
Brenden Venter will coach the team starting from the Currie Cup campaign.
Smit added, "We can only be thankful for what John has done for The Sharks over the years, he's given a lot, had 10 campaigns behind his name, it was purely a decision to freshen up and create some change for the players too. It was a difficult decision, but one based on creating something fresh and new."
He concluded by saying, "In terms of The Sharks future, what we will be doing is assessing where we are, whether we are par with the other teams, behind them or ahead of them, and then we'll spend some time putting a strategy together so that we're never on par or behind but always in front, and how we can sustain that year after year."
"That won't just take one person - the CEO - but everyone that's involved with and employed by The Sharks. Hopefully that will get us good results and a great future."