Seatwave founder Joe Cohen has quit his position as CEO within the secondary ticketing firm.
Cohen, who founded the company in 2006, will remain at the company as non-executive chairman and help to search for his successor.
According to the FT, Cohen's move follows other senior execs leaving Seatwave. Marketing director James Hamlin quit in December whilst Chris Willis, the group's sales director, will leave in the second half of January.
Seatwave chief marketing office Louise Mullock, will become interim chief executive until Cohen and his team find a replacement.
Revenues at Seatwave broke through £10m for the first time in its history in 2012, reports the FT. The company says it should break even after a series of annual losses in 2013.
Seatwave and competitor Viagogo have come under fire from managers and promoters who are calling for legislation to put a percentage cap on ticket resale prices.
Meanwhile, ex-Ebay and Gumtree exec Michael Stephanblome is to join the Seatwave board as an independent non-executive director.