Marvel Studios has promoted Louis D’Esposito to the post of co-president.
D’Esposito moves up from the post of president of physical production, where he oversaw budgets and timelines for the studio’s in-house productions. He was an executive producer on Iron Man and the upcoming Iron Man 2.
He will work along side the studio’s current film president, Kevin Feige. Both will report to CEO Ike Perlmutter.
Feige called D’Esposito “an incredible friend and collaborator, and his expertise within the film industry steering the budgetary and operational demands of moviemaking is instrumental in taking our characters from the pages of comic books to the big screen.”