David Mills has resigned as director and chief executive of Action Computer Supplies after just 10 months in the job.
According to an official statement issued by the reseller, Mills, who joined Action from Fujitsu ICL, left 'to devote time to developing a personal business venture'.
But a source at one of Action's key distributors said: 'The word is that Mills just didn't get along with (chairman) Henry Lewis.'
George LaPlante, previously finance director, has been promoted to group managing director. It is unclear if a replacement CEO will be appointed.
According to Action, LaPlante's prime responsibility will be long-term planning and ensuring that performance targets are reached. Duncan Wilkes will retain control of operational management.
Action has recently broadened its mail-order identity with the purchase of Fraser Associates and the UK reseller operation of SHL Systemhouse.
The reseller's pre-tax profits for the half-year ending 27 February rose more than 33 per cent to #3.1 million on total sales of #96 million.
Action chairman Henry Lewis said: 'Action is trading strongly and the integration of SHL is progressing well. This will provide George with a solid platform for launching the Action model in Europe.
According to recent reports, LaPlante was at pains to play down the impact of Mills' departure and was seeking to reassure the City.
'I do not believe there will be too much concern,' he was quoted as saying.
'Most of the core management have been in their jobs for four to eight years and that means business is very stable.'
James Wickes, managing director of Ideal Hardware, said he was 'very surprised' that Mills had left.
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