Roy Ellis has stepped down from the board of bar operator Inventive Leisure, the company he co-founded with Neil Macleod.
Ellis, who has spent 22 years with the Manchester-based business, which owns the Revolution bar brand, will step down with immediate effect.
His departure comes just two months after Macleod stood down as a director of the 62-strong Revolution chain.
Ellis had already resigned as chief executive in March this year when he was replaced by former Barracuda Pub Group chief executive Mark McQuater.
McQuater said: "We would like to thank Roy for his huge contribution to the success of the business over the years and wish him all the best for the future."