Your Party will be led by its members rather than a single MP, avoiding a battle between its two co-founders, Jeremy Corbyn and Zarah Sultana.
Members have voted for a collective leadership model rather than a single leadership model, by a margin of 51.6% to 48.4%.
There was a big cheer as the result was announced to delegates gathered in Liverpool for the new movement’s annual founding conference.
Your Party has been marred by factionalism between the two figureheads and had a single leadership model been picked, a big battle for the top job was expected.
But many members told Sky News at the conference that because of the squabbling, they want Your Party to be led by the people rather than “personality icons”.
Collective leadership will see ordinary members who are not MPs elected to senior positions on a Central Executive Committee (CEC), which will decide on party strategy and organisation.
Three key leadership roles will be the Chair, Vice Chair, and Spokesperson, who will be elected by February.
Politics latest: ‘Of course I didn’t’ lie about budget forecasts, chancellor tells Sky News
Reeves fighting claims she ‘lied’ about deficit – as Starmer set to back her budget
Lammy says justice reforms will reduce victims’ suffering – as right to jury trial set to go in some cases
However MPs could become de-facto leaders, as they will be able to sit in the public office holder section of the executive committee.
They must be elected in a one on one vote, with four positions understood to be available.
Keep up with all the latest news from the UK and around the world by following Sky News
A Your Party spokesperson said: “This vote shows that we really are doing politics differently: from the bottom-up, not the top-down.
“In Westminster, we have a professional political class increasingly disconnected from ordinary people, serving corporations and billionaires instead of the communities they are supposed to represent.
“With a truly member-led party, we will offer something different: democratic, grassroots, accountable.”
However one ally of Jeremy Corbyn told Sky News: “People have voted against utilising the biggest asset the party had – Jeremy.”
This breaking news story is being updated and more details will be published shortly.
Please refresh the page for the latest version.
You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.
