Disney Shakeup: Sean Bailey Out as Production President, David Greenbaum to Lead Newly Combined Live-Action Division and 20th Century Studios

variety.com:

Rebecca Rubin Film and Media Reporter Disney executive Sean Bailey is exiting after 15 years as the motion picture group’s president of production.

He’ll be replaced by Searchlight’s chief David Greenbaum, who has been named to the newly created role of president of Live Action and 20th Century Studios.

In his new post, effective immediately, Greenbaum will report to Disney Entertainment co-chairman Alan Bergman. This shakeup merges two of Disney’s film divisions: live-action (responsible for remakes and spinoffs of the studio’s classics) and 20th Century Studios (formerly known as Fox, the husk of the company that Disney bought in 2019). “David has an incredible creative sensibility and eye for film, and he has built a reputation as an exceptional leader and creative executive, as proven by his track record at Searchlight Pictures and deep relationships throughout the industry,” Bergman said in a statement. “I’m thrilled that he’ll be taking on this new and important role.” Bailey, who has overseen Disney’s live-action slate since 2010, isn’t completely cutting ties to the company.

He will segue to serve as a producer on “Tron: Ares” and other studio projects. During his tenure, he oversaw adaptations of beloved properties, like 2010’s “Alice in Wonderland,” 2014’s “Maleficent,” and 2016’s “Jungle Book,” as well as a string of billion-dollar hits like “The Lion King,” “Beauty and the Beast” and “Aladdin.” But Disney endured a rough 2023 at the box office, including the big-budget misfire of “The Haunted Mansion,” which hailed from Bailey’s division.