Much has already been made of Dave King 's decision to fulfil his already-known intentions of stepping down as Rangers chairman but on Friday night his plan became a reality.
The South African-based businessman is exiting stage left with the world gripped by the coronavirus pandemic as he focuses on his own companies during a time of uncertainty.
And Rangers wasted no time in naming his successor but who is Douglas Park - the auto tycoon who is stepping up to replace him on an interim basis?
Record Sport profiles the businessman who has taken the reins in the Ibrox boardroom.
Shift in gears
Park is the founder of Park's Motor Group, Scotland's biggest independent auto group.
They sell new and used cars as well as offering servicing and repairs but are perhaps most famous for the Park's of Hamilton coach hire company - who both Rangers and Celtic have used over a number of years.
Park founded the company as a three-coach operation back in 1971 when he was only 21 years of age.
He had originally joined father Tom's coal business when he left school but the firm fragmented just a few years later - which led him to start Park's Motor Group.
Park spearheaded the 'Three Bears' movement that wrestled control of the club from sportswear magnate Mike Ashley in 2015, the others being George Letham and George Taylor.
Alongside King, the Three Bears provided an alternative to relying on loans from Newcastle owner Ashley and forced allies such as Derek Llambias off the board.
Park spent five months on the board as Rangers prepared for an assault on the Championship title having lost out to Hearts in 2014/15 - but in August 2015 he stepped down as he admitted he could not fully contribute.
He returned to the Ibrox boardroom in April 2018 when he was made deputy chairman at the request of King.
And on Friday night Park ascended to the top role after King abdicated his position to him.
Rangers wasn't the first football club that Park got involved in with as back in the 1980s Wallace Mercer convinced him to invest in Heart of Midlothian.
He even found himself on the receiving end of a £1000 fine after locking referee David Syme in his own dressing room following a particularly contentious 2-1 loss against...yep, Rangers.
In quotes that will be music to any Rangers fan's ears, the late Hearts vice-chairman Pilmar Smith spoke of the incident in 2015 to Record Sport :
“I followed behind him to the dressing rooms, trying to get him to stop, but to no avail. The incident certainly did not do him or us any good.
"As a club, I believed we suffered from refs for years afterwards – you know how much of a closed shop it is among them.
"However, I must say Douglas was an absolutely super director at Hearts. He was very hands on, in the commercial department in particular, and did a lot of great work at Tynecastle.
"He and Wallace got to know each other at that World Cup in Spain and I was third-biggest shareholder at Hearts behind them but Douglas was always a Rangers supporter.
"I’ve always wondered why Rangers didn’t get him on board sooner because anything he’s involved with will always be for the good."
Park in waiting
Park's son Graeme replaced his dad in August 2015 on the board.
He is perhaps most well known for being involved in a selection panel that gave the green light to the ill-fated term of Portuguese manager Pedro Caixinha.
And with his dad returning to the fold, Graeme remains involved as a non-executive director.