Recruitment software supplier Dillistone has announced the departure of executive chairman and finance boss Jim McLaughlin with immediate effect.

Mike Love, existing non-executive director and chairman of both SciSys and ClearStream Technologies, will take on the role of non-executive chairman.

Bosses are currently reviewing their options in relation to appointing a new chief number cruncher.

"The board would like to reassure shareholders that the board's ongoing strategy for Dillistone will remain unchanged and that, in line with the pre-close trading update made on 18 January 2010," read a statement Tuesday.

"The company continues to trade in line with market expectations."

There's no news on what McLaughlin will do with his 18% stake in the company, although he'll pick up a tasty 7p a share dividend if he's still got them on 3 March.

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