Ed Chorlton OBE has resigned as Exeter City chairman with immediate effect, the club have confirmed.

Chorlton stands down as chairman after four-and-a-half years with the club.

A brief statement on the club's official reads: "Mr Chorlton wishes Exeter City AFC well in the future. He says the Club has a professional Board of Directors, an outstanding manager, a very talented young team, and a group of hard working staff."

Chorlton resigned after the Supporters' Trust, the majority shareholder of the club, had placed a vote of no confidence in him at its recent board meeting.

Chorlton joined Exeter in December 2009.