IPC Media manufacturing director Jasper Scott is taking voluntary redundancy as part of a wider restructure at the business that will see 150 jobs go.

Scott, who joined IPC 12 years ago when he replaced legendary production chief Peter Barber upon the latter's retirement. Prior to that Scott held the top production job at Condé Nast.

He will leave the business on the 30 May.

His responsibilities will be taken over by Guy Gleysteen, senior vice president, production, at IPC's US parent Time Inc/Time Warner.

"This is a very amicable arrangement, I'm very happy with it and there are no hard feelings," Scott told PrintWeek. "I still think there's a massive future for print and paper and I'd like to be involved in that."

Scott presided over the entire print and paper spend of the UK's largest consumer publisher, making him one of the most powerful buyers in the country.

In a statement, Scott said: "I have spent almost my entire working life, now 37 years, in publishing, and in the last 12, I have had the best job in the business when it comes to magazine manufacturing.

"I have worked with some fantastic people in my own team, across IPC and throughout the industry, both in the UK and overseas. And I have had a string of great bosses and been lucky to make some great friends along the way.

"But over the last year or so as IPC Media pursues a cross media content strategy, I have reflected on my desire to remain focused entirely on print and paper. I intend to offer my extensive experience in print manufacturing as a consultant."

Charlie Meredith, IPC Media’s managing director for Advertising, who also has board responsibility for Manufacturing, said: "Jasper is one of the most experienced and highly-regarded experts in his profession. Both his talent and his personality will be missed within IPC and across the industry. I have no doubt that he will make a big success of his future plans."

IPC brands include major weeklies such as Now and What's On TV and glossy monthlies including Marie Claire and InStyle.