Ted Hood, the founder and chief executive officer of UK-based exchange-traded funds provider Source has left the firm, six years after setting it up.

The one-time Morgan Stanley executive left the business earlier this month according to a person familiar with the matter and filings with the Financial Services Register. His LinkedIn profile also confirms the end of his six-year tenure at the firm. It is unknown who will replace him. Hood could not be reached for comment in time for publication.