Korda Marshall, managing director of Warner Bros. Records U.K., is leaving the company.

Widely regarded as one of the leading A&R men of his generation, Marshall will leave upon completion of his contract later this month. He joined Warner Music in 2003 when the major acquired Mushroom Records, initially as managing director of East West Records, subsequently rebranded as Atlantic Records. He moved across to Warner Bros. in 2004.

No successor has yet been named, but Billboard understands Warner Music Europe president John Reid will take the reins of the U.K. company during the interim period.

"I have enjoyed my time as Managing Director of Warner Brothers Records immensely and would like to thank everybody for their help and support over the years," said Marshall in a statement. "We have had a great time breaking acts such as Gnarls Barkley, the Enemy, the Foals, Pendulum and Seasick Steve and I feel very proud to have been involved with such great artists as Madonna, Green Day and Michael Buble. I'm really looking forward to new challenges ahead at this exciting time of transformation in the music industry."

"Having led the label to significant milestones during a period of fast-paced transformation, Korda Marshall has decided it is time for a fresh challenge," said a Warner Music spokesman in a statement. "We are currently talking to him about an ongoing relationship. We have in place an exciting plan for the new leadership of Warner Bros. Records U.K., one that will further build our roster, augment the range of services we offer our artists and strengthen the company's position as a stand-alone label within the vibrant U.K. music scene."

Warner Bros. U.K. GM Adam Hollywood and A&R manager Rose Noone will also leave the company as part of the reshuffle.