The BBC Chair position is decided upon by the government of the day.
Accepting his resignation, the BBC Board said we accept and understand Richards decision to stand down.
Director GeneralTim Daviesaid he had made a significant contribution to the transformation and success of the BBC.
Richard SharpHouse of Commons/PA Images via Getty Images
The Chair was noticeably quiet during the Lineker dispute, which saw Davie taking the majority of the flak.
