Bert van Marwijk has resigned from his position as manager of the Netherlands.
The 60-year-old, who had been in the role since 2008, leaves his post after seeing his side eliminated from the group stages of Euro 2012 without claiming a single point.
A statement on the KNVB's website read: "On the initiative of Bert van Marwijk, the KNVB and Bert van Marwijk decided on Wednesday to end the coach's contract with immediate effect.
"The agreement between the FA and coach officially ran until the 2016 European Championship."
Van Marwijk had publicly accepted responsibility for his side's Euro 2012 exit following their 2-1 defeat to Portugal 10 days ago.