Ramsey Naito is the latest executive at Paramount to depart the studio as CEO David Ellison continues his leadership shakeup.

Naito, who has been the president of Paramount Animation since September 2021, shared in a message to employees Wednesday evening, I want to sharewith you that I am leaving thecompany and closing this very special chapter with all of you. Leading this incredible team of talented storytellers, artists and dreamers, and watching the magic thatyouvespun from your imagination and dedication, has been one of the great joys of my career. Before leading the studios animation division, she was previously the head ofNickelodeonAnimation. During her time with Paramount and Nickelodeon, she oversaw the franchise expansions of PAW Patrol, SpongeBob SquarePants, Smurfs, Baby Shark, Rugrats, Teenage Mutant Ninja Turtles and Transformers, among others.

Naitos exit comes as Ellison begins major layoffs at the studio following theSkydance-Paramount merger in August. In his memo to staff Wednesday morning regarding the cuts, he wrote, In some areas, we are addressing redundancies that have emerged across the organization. In others, we are phasing out roles that are no longer aligned with our evolving priorities and the new structure designed to strengthen our focus on growth.

Read Naitos full memo to staff below.

Team,

I want to sharewith you that I am leaving thecompany and closing this very special chapter with all of you. Leading this incredible team of talented storytellers, artists and dreamers, and watching the magic thatyouvespun from your imagination and dedication, has been one of the great joys of my career.

I am soproudof the work the animation teams and I have done for the last 8+ years. I am honored to have given new life and love to the beloved characters and stories within the vast Paramount and Nickelodeon librariesfromSpongeBobtoPAW PatroltoTeenage Mutant Ninja Turtlesand the birth of a whole new slate of originals for todays generation.

Not only am I endlessly proud of what weve built, but even more so the spirit behind it the collaboration, creativity, and kindness that define this team. Though Im moving on, Ill always be cheering you on (and singing along to thePAW Patroltheme or humming theTMNTriff when I see your work lighting up screens everywhere).

Thankyouto Josh, Dana and the fantastic leadership team who I know will keep propelling our animation business to great heights.

With love and appreciation,

Ramsey