Fujitsu Services UK chief executive Dave Courtley has resigned. Executive chairman Richard Christou has taken hold of the reins while a search for a successor takes place.
Courtley joined the Japanese-owned integrator as chief operations officer in 2001 and became the CEO in 2004.
A spokesman at Fujitsu Services confirmed Courtley had resigned prior to Christmas, insisting his departure was amicable.
"He had been with us as chief executive for five years and, as many chief executives often do, he felt the time was right to move on," the spokesman said, dismissing suggestions that Courtley had left amid a spat with management as "wild speculation".
Fujitsu Services said business was tough, but the outlook for companies that supply essential IT services remained comparatively positive.
This story originally appeared on MicroScope.