Two top executives at London's Capital Radio are leaving the station with immediate effect.

In a written statement, Capital Radio owners GCap Media said that the station's managing director Keith Pringle and programme director Nik Goodman were leaving under a mutual agreement.

"Since the implementation of the changes to the station in January, much has been achieved through the commitment, hard work and creativity of the team at Capital Radio," said GCap operations director Steve Orchard. "The new advertising policy has been welcomed by advertisers, we have held pricing levels, and early listener feedback from our own research is extremely encouraging."

He added, however, that the range of difficulties at the group's flagship station "requires a different skill set and expertise as we seek to turn the station around."

"I would like to thank Keith Pringle and Nik Goodman for their significant contribution to the re-launch and management of the station in recent years. They are talented and experienced programmers and I wish them every success for the future," he concluded.