Lucasfilm president Kathleen Kennedy will step down from her leadership role after steering the studio through a major Star Wars reboot. The producer of 'E.T.', 'Indiana Jones', and 'Back to the Future' will continue making movies at the company, transitioning to a new production deal.

Kennedy’s departure marks the end of a transformative era for Lucasfilm, which she acquired in 2012. Under her guidance, the studio launched new Star Wars films and series, including 'The Force Awakens' and 'The Mandalorian,' while navigating fan division and franchise fatigue.

Her exit follows a period of mixed box office results and creative recalibration. The move signals a strategic shift for Lucasfilm as it plans future projects. The search for her successor will be closely watched by Hollywood and fans alike.