In a recent press release, Lucasfilm Ltd has announced the appointment of Kathleen Kennedy as Co-Chairman of the Board of Lucasfilm Ltd, sharing the seat with George Lucas. The appointment is considered as a preparation for George Lucas’ retirement, with Lucas serving as Co-Chair and retaining his position as CEO while helping Kennedy transition into her new role. Micheline Chau will remain as COO and President of the company, and she will still be in charge of the day-to-day operations of the business.
“I’ve spent my life building Lucasfilm and as I shift my focus into other directions I wanted to make sure it was in the hands of someone equipped to carry my vision into the future,” said George Lucas. “It was important that my successor not only be someone with great creative passion and proven leadership abilities, but also someone who loves movies. I care deeply about my employees—it is their creativity and hard work that has made this company what it is today. As the company grows and expands I wanted to be sure the employees of Lucasfilm have a strong captain for the ship. I also care deeply about our fans and it was important to have someone who would carry on the passion and care that I’ve given the films over the years. So for me Kathy was the obvious choice, she is a trusted friend and one of the most respected producers and executives in the industry.”