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"I have worked as hard as ever to try and turn things around, but unfortunately we have not managed to get the kind of run going that we have needed.
"I have always given my best to the club and have been proud to deliver silverware to the Celtic supporters. The club will always be part of me. I will always be a Celtic supporter myself and I will always want the best for Celtic."
Celtic's principal shareholder Dermot Desmond added: "He has given so much to the club, and with his success over the last number of years - including winning a treble in his own right - he will be very difficult to replace.
"We thank Neil sincerely for all he has done for the club and we wish him every success going forward."
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