Spanish media group Vocento SA announced monday its CEO Belarmino Garcia Fernandez has resigned.

The group announced in a statement that Jose Manuel Vargas Gomez, formerly Vocento's general manager for the national market, will replace Fernandez.

Fernandez became CEO of Vocento, which owns ABC newspaper, in April 2007, after being the head of France Telecom's Orange in Spain. Vocento gave no reason for Fernandez's resignation, according to Thomson Financial News.