Misener's resignation will be effective from the end of November this year and the group has already appointed Finance Director, Gavin Saunders, to take over Misener's role when he leaves.
Saunders has been with LMG since 2012 and was part of the negotiations that led to the group's 15 year supply chain agreement with ALM.
Chairman of the LMG Board, Wayne Bayfield said, "On behalf of the Board and all LMG members, I would like to extend our sincere thanks for all Doug’s hard work and achievements over the past decade. We are in a stronger position than ever before, we enjoy improved relationships with key suppliers, we have substantially more effective marketing programs and our member service levels have also improved significantly during Doug’s tenure.
"Doug has informed me that he intends to take a well-earned break with his wife Leanne before pursuing his next career opportunity. I am sure he will be successful whatever he chooses to do."
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