James Gunn and Peter Safran step down as DC Studios co-CEOs

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 charge of the company.

The duo announced their departure on November 9, following Skydance's purchase of Warner Bros. Discovery. They will be succeeded by former Marvel Studios executive Jeremy Latcham, who previously worked as a producer on films including Iron Man, The Avengers and Guardians of the Galaxy.

Gunn, who directed Superman, described his four years leading DC Studios as a dream come true but admitted that the role had also been challenging. In a post on Instagram, he thanked fans who supported him and Safran during their time in charge.

He said the corporate demands of the position had taken a toll on his personal life, leaving him with little time to unwind or spend with loved ones. He also thanked Safran for handling much of the corporate side of their responsibilities.

Gunn, however, will continue working on several DC projects despite leaving the leadership role. 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 said he was honoured to take responsibility for bringing DC's characters to the screen and introducing their stories to a new generation of fans. Gunn and Safran also welcomed his appointment, saying they looked forward to working with him on the next phase of DC storytelling.