John Smith, chief executive of BBC Worldwide, could be set to leave with a £1m plus payout as part of a senior management reorganisation, reports have suggested.
Entwistle, who formally took over as director general last week, plans to bring commercial arm BBC Worldwide closer to the public service broadcasting division.
According to sources at the Guardian, Tim Davie, BBC's director of audio and music, is being suggested as a replacement, although he has not shown any interest.
The newspaper states that Smith has a one-year notice period "subject to earlier termination for cause" but under the redundancy scheme he would be paid one month's pay for each year of service.
The BBC has said that no changes have been announced so far and everything is just ‘speculation’.