Ron Gordon said that it didn't work out for the manager, after four months in the job.
Jack Ross was sacked on December 20th and the former Scotland player was appointed the next day.
His side missed out on a top-six finish in the league and lost in the Scottish Cup semi-finals.
David Gray was named the interim manager.
Gary Caldwell, Valerio Zuddas, and Brian Doogan are no longer with the club.
Gordon announced on the Hibs website that the appointment of a young, highly regarded coach, such as Shaun Maloney, didn't work out.
After playing for a number of clubs, including Wigan Athletic, Chicago Fire and Hull City, he began his coaching career with first club Celtic.
More to come.
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