Chief executive Terry Blyth said that although he was very disappointed by Foakes decision, he was delighted he would continue working with the company as a non-executive director.
Steven Munday steps up from sales and marketing director to replace Foakes as UK managing director.
Foakes was group production director at Emap for 10 years but resigned in February 2002 to run his own print consultancy business.
Salehurst has also decided to dust-cover its print management proposition.
Blyth said the board had instead decided to go ahead with an IT investment programme for its core paper management business, which he envisaged would take six to nine months to complete.
The success of this is paramount before we can move forward with the print management project, he added.
Business services director Chris Palmer, who was brought into the company in February to head its facilities management division, will lead the IT project as IT service director.
Story by Andy Scott
Have your say in the Printweek Poll
Related stories
Latest comments
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...

Two other tenders also available
House of Commons contingency printing tender live

Wide-format's gala expo
Visionaries welcome

Global Print Expo
Fespa 2025 stand highlights

Potentially significant adverse effect