Mike Treacy has stepped down as chairman of Dundalk FC after two years in the role.

The 32-year-old has parted company with club owners PEAK6 due to family commitments and has been replaced as chairman by Bill Hulsizer, father of PEAK6 founder and CEO Matt.

In a statement on his departure, Treacy said: “My family and I have decided it’s time for me to step aside from PEAK6 and focus on my wife Laura’s medical career during this pivotal stage. Moving on to the next chapter will unfortunately require I step down as Chairman of Dundalk Football Club. I am honoured to have served as Chairman these last two seasons and forever grateful to the Dundalk community.

“While this was a difficult decision, I am excited for Bill to assume a larger role with Dundalk FC and lead the club’s continued progression both on and off the pitch. His passion and commitment are unparalleled as Dundalk FC begins a new decade of football.”

Further elaborating on his departure on his Twitter page, Treacy said: “After much consideration, I’ve made the difficult decision to leave PEAK6 so I can be there for my wife Laura as she embarks on a critical stage of her burgeoning career. Family always comes first for us, and Laura’s success and achievements are my greatest pride.

“Thank you to Matt and Jenny for the incredible experience I’ve had at PEAK6 over the last decade-plus. I’ve learned a massive amount about both business and life.

“To the Dundalk FC community – the supporters, volunteers, players and staff – I couldn’t be more grateful for the experience I’ve had working with the best football club in Ireland. You showed me how football can transform a town’s identity.

“While this decision was far from easy, my sadness is outweighed by the great sense of excitement I have for the next chapter in our lives.”