James Gunn and Peter Safran had looked set to remain at the helm following Skydance’s acquisition of Warner Bros.|Erik Drost|CC BY 2.0

DC Studios is set to lose its co-CEOs, James Gunn and Peter Safran, who have announced their departure from the leadership roles.

The duo had looked set to remain at the helm following Skydance’s acquisition of Warner Bros. But Gunn and Safran are not making it through the merger after all. Instead, Skydance chairman and chief executive David Ellison is turning to Jeremy Latcham, a Marvel Studios veteran, to take the reins at DC.

A senior Marvel executive, Latcham was involved in the early development of the Marvel Cinematic Universe, working on Iron Man and The Avengers. He also teamed up with Gunn and Safran on Guardians of the Galaxy.