Kathleen Kennedy, the longtime president of Lucasfilm, is expected to step down at the end of 2025. She intends to retire after her current contract ends, according to a source with knowledge of her plans.
A source close to Kennedy dismissed the initial report by Puck as “pure speculation” and said nothing has been decided. Kennedy joined Lucasfilm in 2012 as co-chair alongside “Star Wars” creator George Lucas.
Shortly after, Disney acquired the company for $4 billion, Lucas exited his post, and Kennedy was elevated to president. She is credited with reviving the property after successfully launching a sequel trilogy, beginning with 2015’s “Star Wars: The Force Awakens,” as well as the critically acclaimed spinoff “Rogue One.” Kennedy has also charted a future for the franchise on streaming with television shows such as “The Mandalorian” and “Andor.” However, her future with the company behind “Star Wars” has been a source of speculation over the years. “The Force Awakens” remains the highest grossing film in domestic box office history with $936 million (and $2 billion globally), but the triad of Skywalker-centric blockbusters experienced diminishing returns. “Rise of Skywalker,” which capped off the trilogy in 2019, ended its run with a still-impressive $1 billion, albeit half as much as “The Force Awakens” earned a few years earlier.
That may not have been as big a deal, but it came a year after the financial failure of 2018’s “Solo: A Star Wars Story,” became the first “Star Wars” movie ever to lose money in its theatrical run.
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