October 12 (Businesshala) – The Walt Disney Company (DIS.N) Alan Horn, who transformed the company’s studio business into a media powerhouse and oversaw blockbusters like “Avengers: Endgame” and “Black Panther,” is finally retiring Years after almost a decade.
A former US Air Force captain, Horn joined Disney in 2012 and led the integration of Marvel Studios, which is home to some of the biggest box-office successes around the world. 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 the big screen to streaming. In 2020, Bob Chapek took over as CEO, replacing Bob Iger, who assumed the role of executive chairman.
Disney named Horn president of Disney Studios in 2012, but he began to split duties with longtime executive Alan Bergman over the past two years. Horn most recently led the unit as its chief creative officer.
Before joining Disney, Horn was credited with the success of the Harry Potter and Batman franchises, “Seinfeld” and “The Shawshank Redemption”.
Other Disney executives who have announced plans to leave by the end of this year include Disney General Counsel Alan Braverman, the company’s communications chief Xenia Mucha and Disney Branded Television’s president and chief creative officer Gary Marsh.