Davey leaves at the end of December.
"Much of what I set out to do when I joined has now been achieved, particularly around the re-positioning of the Raleigh and Diamondback brands and generating considerable sales growth,” said Davey.
“With the impending move of the business to Eastwood the timing [for a move] is about right and it will give impetus to John Spon-Smith’s programme of streamlining the business."
Carl Wright, currently UK sales manager, is appointed head of sales, reporting to Mike Reynolds.
“Mike and Carl have a wealth of experience and will, I am sure, maintain the positive Raleigh momentum that we have built in 2002,” said Raleigh MD, John Spon Smith.