Channing Tatum’s manager has become a partner at the actor’s production company.

Variety reports Management 360’s Peter Kiernan has exited the firm where he served as partner and board member to join Channing’s Free Association.

Peter had co-managed Channing and the actor’s production partner Reid Carolin with Management 360’s William Choi for more than 10 years, according to the outlet.

Variety reports he will now manage Free Association’s daily operations, while William Choi continues to manage Channing with other team members at 360.

“We are thrilled for Peter,” the 360 board told the outlet. “He’s been an integral part of 360 since its inception.”

The Step Up star has had huge success with his own firm, including producing 2012 box office hit Magic Mike, written by Reid and starring the dancer-turned-actor Channing in the story loosely based around his early days as a stripper. A sequel to the film is already slated for 2015.

“We’re extraordinarily lucky to have the chance to partner with PK,” Channing and Reid said in a joint statement to Deadline, praising the Management 360 team.

“He and Bill’s guidance, support, and taste have been integral to our journey over the past decade, and we couldn’t be more excited to watch Peter bring his invaluable skillset to producing,” they added.

Channing can now be seen in 22 Jump Street, which he also produced and starred in, opposite Jonah Hill.

The actor has a series of other projects already in the pipeline through 2016.

His voice will also feature in animated adventure Book of Life, scheduled for release later this year.