Disney Studios saw a major leadership shakeup as top executive Sean Bailey stepped down from his role as President of Motion Picture Studios.
Bailey was instrumental in Disney’s success with live-action remakes of animated films, generating over $7 billion at the box office.
Disney Entertainment co-chairman Alan Bergman said, “Sean has been an incredibly important member of the studio’s creative team for well over a decade.”
“He and his team have brought to the screen iconic stories and moments that have delighted fans around the world and will stand the test of time. I know he’ll continue to do great things, and I couldn’t be happier that he’s staying on as a producer of ‘Tron: Ares,’” he continued.
His films included The Lion King, Beauty and the Beast, Aladdin, and The Jungle Book.
Bailey had been with Disney since 2010 and will now transition to being a producer on an upcoming Tron project before leaving the company.
Replacing Bailey is David Greenbaum, who will become president of both Disney Live Action and 20th Century Studios in a newly created position.
Bailey expressed gratitude for his time at Disney but said it was the right time for a new chapter as he moves on to entrepreneurial projects after helping establish Disney as a live-action powerhouse.
Sean Bailey said, “These 15 years at Disney have been an incredible journey, but the time is right for a new chapter. I’m deeply grateful to my exceptional team and proud of the slate and history we’ve built together.”
“I joined Disney while producing ‘Tron: Legacy,’ so it seems fitting that I will have the opportunity to work on the latest ‘Tron’ as I depart. I wish Bob Iger, Alan Bergman, and all my amazing colleagues the very best for a bright future,” concluded the film executive.
