Pam Abdy is stepping down as New Regency’s president of production, Variety has learned.

The parting is said to be amicable and Abdy’s contract was up at the end of the year. The company said Abdy will explore other opportunities after she finishes work on “Assassin’s Creed,” a video-game adaptation that is due out in December. A replacement for Abdy will be named in the coming weeks.

“We have loved working with Pam over the past three years. She is a phenomenal executive with incredible instincts and filmmaker relationships,” said New Regency chairman Yariv Milchan and COO Jonathan Fischer in a joint statement.

Her departure had been rumored for some time. Abdy joined New Regency in 2013 after serving as president of Scott Stuber’s Bluegrass shingle. She joined Bluegrass in 2008. Prior to that she served as exec VP of development and production at Paramount. The move to New Regency reunited her with Brad Weston, who had been production president at Paramount. However, Weston stepped down as CEO of New Regency in May of this year.

New Regency has had a number of awards successes in recent years, including Oscar best picture winners “12 Years a Slave” and “Birdman,” as well as last year’s “The Revenant,” which won Oscars for Leonardo DiCaprio and director Alejandro G. Iñárritu.

The company is currently working on Steve McQueen’s follow-up to “12 Years a Slave,” “Widows.” It’s in pre-production on “Beautiful Boy,” an adaptation of David Sheff’s memoir, and “Fraggle Rock,” a big-screen version of the popular children’s show.