Just days after the close of the 5th Little Rock Film Festival, the Arkansas Times is reporting that executive director Jack Lofton is out after announcing his resignation. With Lofton out, co-founders Owen Brainard and Craig Renaud will serve as co-executive directors of the festival.

Lofton has reportedly described the split as “amicable and mutually beneficial.”

Additionally, co-founder Brent Renaud has been appointed executive director of the newly created Arkansas Film Institute, a “state-wide initiative to promote and support filmmaking and film culture in Arkansas.”

And in Spain, Malaga Spanish Film Festival director Carmelo Romero fired the executive director Franjo Parejo and the general coordinator Antonio Luque this week, citing a “complete lack of trust” in the two men, reports The Hollywood Reporter.

The decision is said to not be based on direct allegations of financial impropriety, but on an audit into the general accounts for the 2010 festival which showed irregularities but was still approved by the festival’s board without any votes against.