James Gunn and Peter Safran are exiting their positions as DC Studios co-CEOs. The news comes weeks after Skydance acquired Warner Bros. Discovery. Skydance has tapped former Marvel executive Jeremy Latcham to be the new president and Chief Creative Officer at DC Studios.

Gunn and Safran, who spent four years running DC Studios, will step down on December 1. In that time, they released the movies Superman, Supergirl, and Clayface, the live-action series The Penguin, Peacemaker season two, and Lanterns, and the Creature Commandos animated show. The pair had many plans under the shared continuity they titled “Gods and Monsters,” and it is currently unknown if/how those plans will change.

Gunn and Safran will pivot into more creative focused roles at DC. Gunn’s Superman sequel, Man of Tomorrow, and the TV spinoff, The People v. Gorilla Grodd, are both in post-production. Safran and Gunn are producers on The Batman: Part II that has a planned release date of 2028.

Gunn addressed the news on Instagram, admitting that at times he didn’t enjoy the corporate side of the job. He also said that he’s still working on another DC movie project with characters that will continue on afterwards.

“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,” Skydance chairman and CEO David Ellison and co-CEO Ynon Kreiz said in a statement. “We’re grateful for their passion, contributions, and commitment to this legendary brand.”

Latcham joined Marvel Studios in 2004, rising to the position of Senior VP of Production and Development. He worked on Marvel films like Iron Man, Iron Man 2, The Avengers, Guardians of the Galaxy (with Gunn), Avengers: Age of Ultron, and Spider-Man: Homecoming.

“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,” Ellison and Kreiz said about Latcham.

Latcham will lead DC’s film, TV, and animation, oversee the creative side, production, talent, and strategy. He will report to Skydance Motion Picture Group co-chairs Dana Goldberg and Josh Greenstein. This is also a switch in direction from when Gunn and Safran reported to Warner Bros. Discovery CEO David Zaslav pre-merger, and then Ellison more recently.

“DC’s pantheon of characters is among the most iconic in American popular culture,” Latcham said in a statement. “I’ve had the privilege to help bring some of the most celebrated superhero stories to life on the big screen, and I’m excited and honored for the opportunity to now lead DC Studios into its next era. The chance to steward the incredible cast of DC characters to the screen in a way that excites lifelong fans while introducing their timeless stories to the next generation is a massive responsibility that I do not take lightly.”

“Four years ago, we set out to unite DC under one creative vision. 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,” Gunn and Safran stated jointly. “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,” they added.