Fenady is stepping down as president of physical production at the studio.
Jeff LaPlante is to replace Andrew Fenady as president of physical production at Universal Pictures.
Fenady has been with Universal for over 16 years and announced his departure in a note to Universal staff, stating it was “time to explore other professional opportunities”.
“I’ve loved every minute of my time here from the greatest victories to the toughest challenges, and there has been no shortage of either. It’s been a great honour to lead the physical production team for the last seven years and to have touched so many terrific films and worked with so many great filmmakers,” wrote Fenady.
Universal Pictures chairman Donna Langley commented: “Andrew is an incredibly hard working and talented production executive. He has been a fiercely loyal and passionate leader for our physical production team and we’ve been privileged to have him here at Universal for so many years. He will be sorely missed but I know he will be successful in anything he decides to pursue.”
LaPlante joined Universal in 2000 as a senior finance executive and has been evp of physical production since 2011.
He is currently working on Snow White & the Huntsman sequel The Huntsman and By the Sea, starring Angelina Jolie and Brad Pitt.