Reed has worked for the company for 15 years and his future plans are not known. Le Riche's Stores said Reed would be staying on in the short term until his replacement had been appointed.
Reed progressed in the company from being a store manager, to assistant to the head of operations, to his current post. He has also worked in human resources. He saw the launch of Le Riche's Stores' Checkers and Le Riche's Capital chains during his time with the company. He was appointed head of store operations in August last year and was responsible for all Le Riche retail outlets in the Channel Islands, including Checkers, Le Riche's, Stampers, The Wine Warehouse and Le Riche petrol forecourts.
A spokesman for Le Riche's Stores said: "We will miss him. He is a great guy and we wish him well."