Marinus ter Laak has resigned his position as managing director of Exact's Business Solutions division. Ter Laak, who joined the Netherlands-based company, also left his position on the board of managing directors of the company. In European practice, such boards typically are comprised by the CEO, CFO and other top executives involved in day-to-day operations and are under the purview of the supervisory board. His base salary was about $373,000.