Classic Media has confirmed this afternoon that Andrew Kerr, EVP of international marketing and consumer products, is to leave his role at the end of June.
Kerr, who will continue to provide non-exclusive consultancy for the firm, is planning to start his own venture.
Nicole Blake wiil take on Kerr's responsibilities, having been promoted to EVP, marketing and consumer products.
In addition to the extension of Blake's role to include the UK and rest of the world, current London office executives Claire Shaw and Mat Way have also had their responsibilities increased.
Shaw's expanded role as VP, consumer products and retail will see her drive all licensing, retail development and promotional activity for the firm's brands in the UK. Way, meanwhile, adds international consumer products to his current global live entertainment remit, becoming VP, consumer products and live entertainment international.
Both will continue to be based in London and will report in to Blake.
"It's been a tremendously rewarding two-plus years at Classic Media," Kerr said. "The company's portfolio is poised for real success in the months and years to come, with Postman Pat, Guess with Jess and Tinga Tinga Tales enjoying a terrific reception in the marketplace and some of the best licensing partners in the business.
"While I'll miss working day to day with the great people at Classic, I am excited to move forward with my own venture."
Eric Ellenbogen, co-CEO of Classic Media, added: "We're disappointed to see Andrew leave, but we look forward to maintaining an ongoing relationship with him. I'm fully confident that our London team, working with Nicole, will continue to drive growth in our business globally."