Sweeping changes were announced after Saturday's defeat at home to Malvern Town.
Uttoxeter businessman Peter Douglas, a former Rocester player, has taken over control of the club.
However, due to Mr. Douglas's existing business commitments the day-to-day running of the club will largely remain with Alf Hawksworth, who will continue to hold the title of chairman.
Team Manager Michael Rowe became the first casualty of the new regime when he was sacked from his position following the Malvern game.
Douglas said; "Michael has given 100% to the club but I felt a change was needed. We would like to thank him for his efforts and wish him well should he decide to stay in the game."
Rowe took over from previous manager Bob Sykes in September after the side had started the season with eleven straight defeats. Under his leadership, and despite taking just 20 points from his 32 games in charge, the team improved markedly but were unable to recover from such a poor start to the season.
Douglas wasted little time in naming Damian Grocott as Rowe's successor; "Damian knows the local football scene well and I believe he will bring in the type of players that will take the club forward."
Grocott enjoyed a successful spell in charge of Rocester's reserve team guiding them to two promotions and into the Staffordshire Senior League, and had a brief spell as caretaker manager of the first team two seasons ago when the team were struggling at the foot of the Unibond League.
As well as the managerial change, the club were dealt a blow when Vice-Chairman and match reporter Ian Cruddas tendered his resignation from the club after fifteen years of service due to work and family commitments. All at the club would like to place on record our thanks to Ian for all his hard work over the years and hope that he will attend many of our matches in the future as a supporter.