James Gunn and Peter Safran had been serving as co-chief executives for four years. The duo have been replaced by former Marvel Studios veteran Jeremy Latcham. Henceforth, he will serve in DC Studios' leadership. James confirmed the exit with a long note on social media. In the note, he also admitted that having full access to the iconic characters to do whatever they wished was a dream come true. He also reflected on his working equation with Peter.

James Gunn, Peter Safran exit DC Studios

Sharing the note on his Instagram handle, James wrote, "Oh, boy. What a four years. Thanks to all of you who have supported me and Peter in our time as the heads of DC Studios. When I was a kid growing up in Manchester, Missouri, I used to write and draw my own comics with a mix of DC Comics characters and my own characters."