The chief executive of Auckland Council's property arm, Roger MacDonald, has resigned and will leave in two weeks.
The announcement was made by Panuku Development Auckland chair Adrienne-Young Cooper two weeks after MacDonald went on leave suddenly.
MacDonald has hit the headlines recently over a helicopter trip to the Bay of Islands and receiving a bonus and pay rise of $82,500 in the past year to take his salary to about $645,000.
It is understood Auckland Mayor Phil Goff has not had confidence in MacDonald for some time.
Young-Cooper said during MacDonald's tenure Panuku had made significant progress on numerous regeneration projects across the Auckland region.