"I was behind Gordon's appointment. I thought it would be a good idea to bring in a football man, as we say, because Gordon had worked with media, he had been a professional footballer and everything else," Peat said.
"But it didn't really work from the business point of view and that's why I think this is a better idea.
"Stewart's got a business background and that's what we're looking for. The SFA has a £30m turnover - it's a business we're running here."
Yorkshire chairman Colin Graves told BBC Radio Leeds: "We're disappointed in some ways but at the same time very pleased for Stewart. He's got himself a big position in football, which he always wanted to do, so I wish him well for the future.
"We are going to do nothing for at least six months, nine months - I will take on the role of chief executive on a daily basis.
"Stewart was under no pressure whatsoever in terms of the financial position of the club. We will be looking at some redundancies, but there won't be many."
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