On Thursday, Relativity announced the appointment of a new CEO, Phil Saunders, who will officially take over the role from Mike Gamson, effective Dec. 12.

Gamson, who became Relativity’s second-ever CEO in July 2019 after the company’s founder and executive chairman Andrew Sieja stepped down from the role, will stay on with Relativity through the end of the year to help with the transition, according to a press release announcing the news.