The 53-year-old oversaw a disappointing season at Villa Park which saw McLeish’s side finish in lowly 16th place, just two points clear of the relegation zone.
The former Rangers boss, who has lasted just 11 months in charge at Villa, was always an unpopular choice with the club’s supporters, with owner Randy Lerner hiring McLeish after the manager quit bitter rivals Birmingham City last summer.
A statement issued by the League Managers Association on behalf of McLeish read: “When I accepted the role as manager of Aston Villa Football Club, I was acutely aware of the responsibility I had to find the best way to serve the great traditions of one of the finest clubs in professional football.
“I was truly honoured to have been given the opportunity to manage the club, which plays such an important part in the fabric of the local community and to its worldwide fan base.
“I relished the challenge and, together with my loyal and very capable staff, dedicated all of my efforts into moulding a successful team.
“My only regret in leaving now is that we weren’t able to achieve more for the supporters and their high expectations.
“Finally, I want to take this moment to say that I have nothing but the highest respect for the club and sincerely wish it and the fans great success in the future.”
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