Monday, December 07, 2009

Marvel Studios chairman to step down - 7th December 2009

David Maisel, who was instrumental in securing the funding with which Marvel Entertainment could finance its own slate of films, will step down as chairman of Marvel Studios when Disney's acquisition of the comicbook company wraps up.

The exec joined Marvel in 2004 as prexy of the studio and was later upped to chairman in 2007, after he helped raise the $525 million that enabled the company to start financing and producing its own pics, starting with "Iron Man" and "The Incredible Hulk" reboot.

Maisel will continue to serve asan exec producer on Marvel's next three movies, "Iron Man 2," "Thor" and "The First Avenger: Captain America," while pursuing other opportunities.

Kevin Feige, Marvel's production prexy, will now serve as its main man for the Mouse House, reporting directly to Walt Disney Studios chairman Rich Ross.

Maisel once worked at Disney as director of corporate development and strategic planning, a division that played a role in Disney's stealth $4 billion acquisition of Marvel, announced in August. Maisel is credited with being the first exec at Marvel to start talks with the Mouse House about a potential merger.

Maisel was also a key player in helping Michael Ovitz broker Matsushita's sale of MCA Universal to Seagram in 1995 during his tenure at CAA.

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