Disney Restructures Studio Leadership Amidst Challenges
Locales: UNITED STATES, UNITED KINGDOM

BURBANK, CA - February 11th, 2026 - Disney CEO Bob Iger today unveiled a sweeping restructuring of the company's studio leadership, a move signaling a renewed emphasis on franchise performance, streamlined decision-making, and a tighter grip on Disney's vast creative portfolio. The changes, effective February 12th, 2026, impact the leadership at Lucasfilm, Pixar, and Disney Entertainment Studios, and come as Iger continues to navigate a challenging landscape for the entertainment giant.
The reorganization isn't merely a shuffling of names; it represents a calculated strategy to optimize the production of tentpole franchises and maximize synergy between Disney's core studios - Disney Studios, Pixar, Marvel, Lucasfilm, and 20th Motion Picture. After a period of perceived creative drift and mixed box office results, Iger appears determined to reassert control and deliver consistent, high-quality content that aligns with Disney's brand.
Alan Bergman and Dana Walden will remain at the helm of Disney Entertainment Studios as Co-Chairs and Presidents, suggesting a level of continuity in that division. However, the most significant shift occurs within Lucasfilm. Kathleen Kennedy, who has led Lucasfilm since its acquisition by Disney in 2012 and spearheaded the revival of Star Wars and the creation of the The Mandalorian universe, is transitioning into the role of Chair. This move isn't a demotion, but a strategic pivot. While Kennedy retains oversight of the Star Wars franchise and other Lucasfilm properties, the day-to-day operational control is now vested in David Greenbaum, who steps up as President of Lucasfilm, reporting directly to Kennedy. This suggests a desire to both leverage Kennedy's extensive experience and editorial vision, while simultaneously introducing a more hands-on executive to manage the logistical and production complexities.
The change at Lucasfilm comes at a crucial juncture for the franchise. While The Mandalorian and related series were initial successes on Disney+, the recent slate of Star Wars projects has faced criticism regarding narrative direction and audience engagement. Greenbaum's appointment could signal a push for more cohesive storytelling and a renewed focus on fan expectations. Analysts speculate that this structure allows Kennedy to focus on the broader creative vision and long-term strategy for Lucasfilm, while Greenbaum manages the production pipeline and ensures projects stay on track.
Perhaps the most surprising announcement involves Pixar Animation Studios. Mark Bailey, the current President, will be stepping down, and Jennifer Lee - known for co-directing Frozen and Frozen II - will take on the leadership role. Lee's success with the Frozen franchise demonstrates her ability to deliver commercially and critically acclaimed animated films. However, transitioning from a director to a studio head is a significant undertaking. The move is further complicated by Pete Docter continuing as Chief Creative Officer, meaning Pixar will have a dual leadership structure. This arrangement could lead to a more collaborative creative environment, but it also carries the risk of conflicting visions. Pixar, once the undisputed champion of animated storytelling, has faced challenges in recent years, with some films failing to reach the same heights as earlier successes. Iger clearly believes Lee can revitalize the studio and recapture its former glory.
In a newly created role, Michelle Yeh will serve as Executive Vice President, Franchise Management. This is a telling detail. Yeh's mandate is to oversee and coordinate franchise performance across all of Disney's studios. This underlines Iger's commitment to maximizing the return on investment for key properties like Marvel, Star Wars, Frozen, and others. It suggests a move away from siloed studio operations towards a more unified approach, where shared resources, ideas, and talent can be leveraged to enhance franchise longevity and profitability.
Iger's actions reflect the broader pressures facing the entertainment industry. The rise of streaming services, changing consumer habits, and increased competition have forced media companies to re-evaluate their strategies. Disney, with its vast intellectual property and loyal fanbase, remains a dominant force, but it must adapt to survive and thrive. This restructuring is not simply about changing titles; it's about creating a more agile, focused, and creatively driven organization capable of delivering the blockbuster content audiences demand. The coming months will reveal whether Iger's gamble pays off and whether these changes truly reinvigorate Disney's creative engine.
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