Anthony Marcoly, the president of Paramount Pictures' international arm, is leaving the company, the studio said on Friday.
Marcoly, who has held that job at Paramount Pictures International since 2011, is exiting as two executives take on top marketing and distribution roles at the unit.
Nic Crawley and Mark Viane have been promoted to president and co-president, respectively, of international marketing and distribution for Paramount, which is owned by
Paramount said in a statement that the promotions are "designed to further integrate its international marketing and distribution teams."
"In today's global marketplace, marketing and distribution needs to be a seamless operation," Colligan said in a press release.
Marcoly's exit is the latest executive shake-up at the studio following the departure of chief marketing officer Josh Greenstein, who was named president of worldwide marketing and distribution at
Marcoly was elevated to president of Paramount's international operations as the company moved the unit to Los Angeles from London about three years ago.
The studio has recently put out movies including "Teenage Mutant Ninja Turtles" and "Transformer: Age of Extinction." The latter has grossed more than $1 billion worldwide, though its U.S. box-office has not been as strong as recent previous installments in the franchise.