[U.S. SOCCER] Whether by a failure to win the Gold Cup or disagreements regarding the future path of U.S. Soccer, Bob Bradley has lost his job.

U.S. Soccer president Sunil Gulati announced Thursday that Bradley, who took over the national team in January, 2007, has been relieved of his position, effective immediately.

“We want to thank Bob Bradley for his service and dedication to U.S. Soccer during the past five years,” said Gulati in a statement. “During his time as the head coach of our men’s National Team he led the team to a number of accomplishments, but we felt now was the right time for us to make a change. It is always hard to make these decisions, especially when it involves someone we respect as much as Bob. We wish him the best in his future endeavors.”

The statement said the decision came after a meeting at The Home Depot Center attended by Gulati, Bradley and U.S. Soccer CEO Dan Flynn. Gulati and Flynn are the principal decision-makers for major matters regarding the federation's national soccer programs.

During his five-year tenure with the national team Bradley compiled a 43-25-12 record. The U.S. won the 2007 Concacaf Gold Cup and finished second to Mexico in 2009 and 2011. It also finished second at the 2009 FIFA Confederations Cup. Last summer, the U.S. won its first-round group for the first time before losing in the round of 16 to eventual quarterfinalist Ghana, 2-1, in overtime.

According to the statement, U.S. Soccer will have a further announcement on Friday. The U.S. plays Mexico in Philadelphia next month, and also has friendlies scheduled against Costa Rica and Belgium in early September.