DC Studios heads James Gunn and Peter Safran are stepping down from their roles as co-CEOs, with Skydance tapping an ex-Marvel exec to take over their duties.

Skydance confirmed the news in a press release, revealing that Gunn and Safran’s last day as studio heads will be on December 1. Former Marvel exec Jeremy Latcham will replace them. Gunn and Safran are still overseeing post-production on Man of Tomorrow, which is directed by the former. They will also remain producers on other DC projects that are already in full swing, such as The Batman Part 2.

“James and Peter launched a new era for DC Studios and led it through a period of real transformation, resetting the foundation and building a slate we’re incredibly proud of,” said David Ellison, Chairman and CEO, and Ynon Kreiz, Co-CEO, of Skydance in a joint statement.

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“We’re grateful for their passion, contributions and commitment to this legendary brand. Jeremy has been a longtime creative partner to both, and we have complete confidence that James and Peter will ensure a smooth, collaborative transition and continue this work with care. We look forward to working with Jeremy to build the next generation of DC storytelling and to doubling down on our commitment to fans.”

Gunn and Safran also issued their own joint statement, acknowledging they have a history with Latcham from Gunn’s days at Marvel.

“Four years ago, we set out to unite DC under one creative vision,” said the duo. “In that time, we helped restore Superman to the heart of DC, while opening new doors and telling new stories in film and television with Peacemaker, Creature Commandos, Lanterns and Clayface. We’re immensely proud of the team that turned that ambition into something real, including the actors, crews and executives we had the opportunity to collaborate with.

“We’ve shared a creative history with Jeremy going back to Marvel, and we’re eager to see the perspective he brings to DC’s next chapter. We’re excited to return to what drew us to this job in the first place, which is telling the stories we love, including the next chapter of Clark and Lex’s journey in Man of Tomorrow.”

This story is developing…

Photo by Michael Buckner/Variety via Getty Images.

Cade Onder is a freelancer for IGN’s news team. He covers all things entertainment, including gaming, film, and more. You can find him on Twitter @Cade_Onder.

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