Gary Pert has confirmed he is resigning from his post as the CEO of the Collingwood Football Club.

In a press conference at the Holden Centre alongside club president Eddie McGuire, Pert confirmed the news which will see him step down from a position he has held since May, 2007.

Pert confirmed he told McGuire last week he would resign.

“It is with a heavy heart today that I accept the resignation on behalf of the board of our chief executive Gary Pert,” McGuire told the media on Monday.

“In the 10 years Gary Pert has been chief executive, following years of service as a director and player of the Collingwood Football Club…the 10 years Gary has been the chief executive have been unbelievable.”

Pert also confirmed he would not immediately step aside from his role, with Peter Murphy - who is currently conducting a club-wide review - to serve as interim CEO as the review comes to a close over the coming weeks.

"I'm midway through a contract and I had to request to be let out of that contract," Pert said.

"I gave Ed the reasons why I think the timing is really good for the club ... and also the timing's right for me.

"I've been doing the role for 10 years. It's a big role and in 10 years it's got literally twice as big.

"It's an all-encompassing 24/7 role ... so the decision was made in my best interests, the best interests of my family, to say 10 years is enough."

The 52-year-old's future had been up in the air for most of the season, after an incident dating back to last September.

At the time, Pert decided to promote Graeme Allen to become the director of football after Neil Balme left for Richmond, but Allen was soon suspended for 12 months by the AFL.

The origin move reportedly surprised Nathan Buckley, although Allen didn't last long after resigning due to the ban he was handed relating to his time at GWS, with football manager Geoff Walsh replacing Allen.