Lennon had been suspended by the club last Friday.
Neil Lennon has left his role as manager of Hibernian by mutual consent, it has been confirmed.
A statement from the club confirmed that Lennon, along with assistant Garry Parker, “had not been dismissed and had not resigned.”
The former Celtic manager had been suspended by the club last Friday.
But reports that the Hibernian board had decided to dismiss him of his duties on a permanent basis surfaced on Tuesday evening following their scheduled monthly meeting at the club’s training ground.
That decision was announced on Wednesday afternoon.
Joint Statement: Hibernian FC and Neil Lennon/Garry Parker.
▶️ https://t.co/kX6BgtOGfd pic.twitter.com/UHzLYTDhBu
— Hibernian Football Club (@HibernianFC) January 30, 2019
‘They have not been dismissed and have not resigned,’ the statement confirming his departure explained.
‘The suspension, put in place to allow an internal review, was lifted by the club as part of this agreement.
‘Despite widespread speculation, the club confirms that neither Neil nor Garry has been guilty of any misconduct or wrongdoing and no disciplinary process has been commenced.
‘However, Neil, Garry and the club now consider that it would be in the best interests of all parties to part amicably.
‘The club would like to place on notice its thanks to both Neil and Garry for their hard work and the success they have brought the club.’
Lennon took charge at Easter Road in the summer of 2016, steering the club back to the Scottish top flight. On their return, they finished fourth, posting a record points tally.