DAYTON, Ohio — The Reynolds and Reynolds Co. announced today that President Ron Lamb has stepped down, effective immediately.

According to the company’s announcement, Lamb plans to pursue opportunities in private equity. The position will not be immediately filled, officials said.

“Ron has made a significant contribution to Reynolds over the years,” said Reynolds Chairman and CEO Bob Brockman. “He’s a talented executive, and we wish him well in his future endeavors.”

Lamb was named president of software firm in October 2010. He joined the company’s sales team in 1991, and was then promoted in 1999 to regional sales director. He held that position until moving to the company’s Dayton, Ohio, headquarters to join the market department as director of Customer Relationship Management solution. In 2002, he was name general manager of the company’s Web Services business.

Prior to being named president, Lamb served as senior vice president of sales.

“Reynolds ended 2016 as one of its strongest years in the past decade and that momentum has carried over into this year,” Brockman said. “With the strength of our product portfolio and the depth of talented bench strength in our executive ranks, we are looking forward to the opportunities ahead and to our continued growth.”