Paul Connelly, managing director and vice president of Daisytek Asia-Pacific, has resigned from his post at the IT and office supplies distributor, handing over the reigns to former Tech Pacific chief, David Cullen.
Having spent the last 14 years building up the company, Connelly is leaving the $175 million business to spend time with his family.
"It is time to take some well-deserved time off with Lisa and the boys over the Christmas and New Year period," he wrote in an e-mail to customers and suppliers.
"It's been a terrific 14 years at Lasercharge/Daisytek, but the time has come to move on and pursue new projects."
Former Tech Pacific managing director David Cullen will take over from Connelly, who maintains the company is in a strong position for the new year.
"I have set Daisytek Australia in a new strategic direction in the last 12 months," Connelly said. "There have been a number of projects I have been working on to bring into fruition, so keep posted for some interesting announcements."
Over the past 12 months, the distributor has expanded from IT consumables into office supplies.
"I am leaving behind a company that is well positioned and in good hands, and with a great future ahead of it," Connelly said.