Rangers chief Craig Mather resigns after shareholder revolt Craig Mather has resigned as chief executive of Rangers following a shareholder revolt at the Aim-listed football club. Mr Mather, who invested £1m in the Glasgow club last year and took over as chief executive in April, has resigned "with immediate effect," Rangers said in a statement to the stock exchange. The company added that Bryan Smart, a non-executive director, had also resigned from the board. Mr Mather said in a statement on the Rangers website that his short tenure as chief executive "has been beset by incessant attempts to destabilise the operations of the club." "The interests of the club are of paramount importance, and I believe these are best served by me leaving," he said. Mr Mather's decision to step down comes days after a group of Rangers" shareholders won a court decision that forced the club to postpone its planned October 24 annual general meeting. The shareholder group wants several individuals including Malcolm Murray, who was club chairman until April, to be appointed to the board.