DC Studios is preparing for another leadership change, with James Gunn and Peter Safran departing their roles as co-CEOs and chairmen after four years overseeing the division. Former Marvel Studios executive Jeremy Latcham has been selected to replace them on December 1.

Their departure is somewhat unexpected, particularly given that both executives were previously named to the leadership team assembled by Skydance CEO David Ellison after the company completed its acquisition of Warner Bros. Discovery.

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Since taking charge in 2022, Gunn and Safran have worked to reshape DC’s film and television operations, establishing a new creative direction and developing a slate of interconnected projects. Their tenure brought a significant restructuring of the studio’s approach to its superhero properties, although the resulting releases have delivered varied box office performances.

In a statement announcing the transition, Skydance CEO David Ellison and Co-CEO Ynon Kreiz credited the outgoing executives with rebuilding the foundation of DC Studios and establishing its next phase of storytelling. They also expressed confidence in Latcham’s ability to guide the division forward, describing him as a longtime creative collaborator of Gunn and Safran.

Gunn also addressed his departure in a social media statement, acknowledging that managing the studio had been a difficult experience. He described the corporate responsibilities of the position as particularly challenging, adding that only those closest to him understood how demanding the past four years had been.

Despite leaving their executive positions, Gunn and Safran are not immediately walking away from DC’s upcoming productions. Both remain attached to Man of Tomorrow, which is set to arrive in theaters next year.

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