Carl Chadwick, Belvoir’s CEO who was appointed just two months ago, has quit.

The lettings franchise chain announced the news to shareholders at 7am this morning, saying that Chadwick had “advised the board of his intention to step down as CEO with immediate effect in order to focus on his other business interests, which include his role of CEO of Sun Axis Corporate Finance”.

Chadwick, previously Belvoir’s finance director, was appointed as Belvoir’s CEO on only March 21 this year. He succeeded from the popular Dorian Gonsalves, who stepped sideways to become director of commercial and franchising.

Gonsalves will stay in that role while Mike Goddard, who founded Belvoir in 1995 and is its executive chairman, will go back to being CEO – the job he had before Gonsalves.

In a further change, Belvoir has announced the appointment of Louise George as finance director.

Goddard said this morning: “I am encouraged that the year to date has started well for Belvoir.

“I would also like to take this opportunity to thank Carl for his significant contribution to Belvoir particularly over the past three years during which he has held the positions of finance director and more recently CEO.

“His decision to step up into the role of CEO in March this year was greatly appreciated by the board.

“We respect  his decision to focus on leading Sun Axis, with which we look forward to continue working on acquisition related opportunities.”

Belvoir added: “I am confident that the business can continue to go from strength to strength with myself, Dorian and Louise leading the company.”