The new channel has only been on the air for twelve months
Mary Curtis, the current head of UTV Ireland, will leave the channel next month.
Ms Curtis has described her year at the helm as exciting and challenging.
A deal which would see ITV PLC buy UTV Media's TV assets, which would include UTV Ireland, for a reported sum of €136 million, but this has yet to be approved by regulators.
Back in November, UTV Media announced that UTV Ireland would be reporting losses of €18.5 million for the year.
UTV Media would still be retaining ownership of it's radio assets, including Q102, FM 104 and Galway Bay FM.