Four-time premiership coach Alastair Clarkson is set to part ways with the Hawks at season's end.
It is understood that the club and Clarkson came to an agreement that will see the champion coach receive a full payout from his contract.
Clarkson, along with key members of the Hawks' top brass, reportedly met earlier this week to make a shock call on coach's future.
Hawthorn notified media on Friday that their weekly press conference featuring Clarkson has been rescheduled, with the conference now set for a new time slot.
Clarkson is set to remain as Hawthorn's coach for the rest of the 2021 season, with Mitchell now set to take over the coaching post from 2022.
The settlement for Clarkson's final term is believed to be in the vicinity of $900,000.