British software company Micro Focus, which recently dominated headlines encouraging politicians to do more to support the UK technology industry, has announced that its CEO is departing.
The announcement that Stephen Kelly is standing down for personal reasons has come out of the blue and ends his three year stint in charge of the vendor.
During his reign Kelly steered Micro Focus through several acquisitions, with the battle to acquire Borland still rumbling on, and managed to raise the profile of the vendor with its Technology Manifesto, which was launched earlier this summer.
In a statement Kelly said that the timing of a personal decision to leave was always going to be difficult.
"I will be supporting a managed transition and then take time to assess the next steps for me and my family," he said.
Micro Focus has started the search for a replacement and Kevin Loosemore, chairman of the vendor, said that it had built a management team that could take the business through the transition.