how do I change the role of organizer in family sharing

Click here, disband the group, and set up a new one.

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Given the link you provide suggests that family members would lose access to their hundreds of gigabytes of data stored on an iCloud shared storage plan, this isn't a viable option. Surely there must be a better way to simply switch family organiser...

Will purchases be restored after signing back in, we only want to switch organizers