New Delhi, Nov. 10 -- In a major Hollywood shakeup, James Gunn and Peter Safran are stepping down as co-CEOs of DC Studios. This comes amid the massive leadership restructuring at the comic book giant following Skydance's acquisition of Warner Bros. Discovery.

Former Marvel executive Jeremy Latcham has been appointed as the new president and chief creative officer of DC Studios, according to The Hollywood Reporter.

The leadership transition, effective December 1, has left fans wondering about the future of the sprawling decade-long cinematic universe Gunn and Safran had meticulously planned to move DC beyond the Zack Snyder era.

James Gunn rose to global fame as the blockbuster filmmaker behind Marvel's Guardians of the Galaxy franchis...