Filmmaker James Gunn and producer Peter Safran are stepping down as co-CEOs of DC Studios at the end of November, four years after taking over the company following Skydance's acquisition of Warner Bros. Discovery. The duo announced their departure on November 9, ahead of the year-end transition.
Former Marvel Studios executive Jeremy Latcham will succeed them as co-CEOs. Latcham previously worked as a producer on major films including Iron Man, The Avengers, and Guardians of the Galaxy, bringing deep production experience to the role.
Gunn, who directed Superman, described his four years leading DC Studios as a dream come true but acknowledged that the position had also been demanding. In an Instagram post, he thanked fans who supported him and Safran during their tenure. He said the corporate demands of the role had taken a significant toll on his personal life, leaving him with little time to unwind or spend with loved ones. He also credited Safran for handling much of the corporate side of their responsibilities.
Despite leaving the leadership role, Gunn will continue working on several DC projects. These include Man of Tomorrow, his upcoming Superman film, as well as producing Batman: Part II and the television series The People v. Gorilla Grodd. He also disclosed that he was working on another secret DC project.
Latcham expressed honour in taking responsibility for bringing DC's characters to the screen and introducing their stories to a new generation of fans. Gunn and Safran welcomed his appointment, saying they looked forward to collaborating with him on the next phase of DC storytelling.
The announcement marks a significant leadership change for one of Hollywood's most prominent film studios, following the broader industry consolidation triggered by Skydance's purchase of Warner Bros. Discovery.