Media veteran Alan Horn to retire as Disney Studios head

Reuters

Published Oct 12, 2021 09:18AM ET

Updated Oct 12, 2021 04:15PM ET

(Reuters) - Walt Disney (NYSE:DIS) Co's Alan Horn, who turned the company's studio business into a media powerhouse and oversaw blockbusters such as "Avengers:Endgame" and "Black Panther", is retiring at the end of the year after nearly a decade.

A former U.S Air Force captain, Horn joined Disney in 2012 and led the integration of Marvel Studios, home to some of the biggest box-office successes worldwide. Horn also oversaw "Star Wars: The Force Awakens" - the highest-grossing domestic release in history.

Horn's departure is the latest in a series of management changes at Disney as the company shifts its strategy from big screen to streaming. In 2020, Bob Chapek took over as CEO, replacing Bob Iger who took on the role of executive chairman.

Disney named Horn chairman of Disney Studios in 2012 but he started splitting duties along with longtime executive Alan Bergman in the last two years. Horn led the unit as its chief creative officer most recently.