Chairman Rod Petrie said: “We are sorry that Scott will be leaving us in a few weeks’ time. Scott told us some time ago of his intention to leave, but agreed to stay on during the busy pre-season and transfer window to help the club and we are grateful to him for that.
“Scott has made a great contribution to the club over the last five years.
“However it is ‘business as usual’ for now as Scott continues to lead our efforts to support the manager through the transfer window and into the regular season.”
Lindsay said: “I have enjoyed my time with Hibernian immensely.
“As a football fan, it has been an enormous privilege and honour to serve a club with the history and tradition of Hibernian.”
Scott Lindsay first served the club as a director between 2002 and 2005 and re-joined the club in 2007.
In the short term, Rod Petrie will assume more executive responsibilities along with director/club secretary Garry O’Hagan and finance director/Company Secretary Jamie Marwick until a new appointment is made.