Source: Marvel Studios

Marvel Studios will need a new senior vice president of production and development, as Jeremy Latcham is leaving the studio for a new production deal at 20th Century Fox. Latcham, who’s been with Marvel Studios since serving as an assistant to president Kevin Feige and eventually an associate producer on 2008’s Iron Man, will leave the studio by September to run his own production company at Fox.

Before any superhero fans get ahead of themselves, Latcham is not heading to Fox to work on the studio’s licensed Marvel properties. He will instead be developing original films at this production company on the Fox lot, according to The Wrap. As of right now, this does not look like the seeds of any eventual deals between Marvel Studios and Fox to share characters like Marvel recently did with Sony on Spider-Man: Homecoming, which Latcham executive produced.

After his associate producer turn on Iron Man, Latcham co-produced Iron Man 2 before executive producing Marvel’s The AvengersGuardians of the GalaxyAvengers: Age of Ultron, and the aforementioned Spider-Man: Homecoming.

There was a time when Latcham seemed like a potential heir apparent should Marvel Studios boss Kevin Feige move up the Disney ladder. Perhaps Latcham’s decision to leave is an indication that Feige has no plans to move from his current post any time soon, or that if he does, Latcham would not be the first choice to replace Feige.

It’s probably more likely that Latcham has simply reached a point in his career where he would like to work on something else. He is not attached to executive produce any Marvel Studios film that will be in production by the end of this year. Combine that with having the box office clout to get an overall deal to develop original ideas at a major studio and it’s easy to see how the timing is fortuitous for Latcham.

Meanwhile, Marvel Studios will be able to wish Latcham the best as Kevin Feige leads a successful team of executive producers that includes Co-President Louis D’Esposito, Executive Vice President of Physical Production Victoria Alonso, Nate Moore, Jonathan Schwartz, Stephen Broussard, and Brad Winderbaum.