Jon Finn is stepping down as co-head of WT2, the low-budget division of production powerhouse Working Title Films which debuted with Billy Elliot.

Natascha Wharton will continue at the division as head of WT2. Working alongside her will be Rachel Prior, promoted from story editor to development executive.

Finn, who came from a production background while Wharton hails from development, will continue to work as a producer for both WT2 and Working Title. WT2's follow-ups to Billy Elliot include contemporary, urban supernatural shocker Long Time Dead and Internet horror picture My Little Eye.

The division is currently in production on Ali G In Da House, a comedy marking the feature debut of UK comedian Sacha Baron Cohen.