BREAKING: Marvel Entertainment Chairman Isaac ‘Ike’ Perlmutter Laid Off

The latest executive to be cut in the first round of Disney layoffs is Marvel Entertainment Chairman Isaac Perlmutter, according to the New York Times.

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Image source: Associated Press

“Mr. Perlmutter, 80, was told by phone on Wednesday that Marvel Entertainment, a small division centered on consumer products and run separately from Marvel Studios, was redundant and would be folded into larger Disney business units,” reports the New York Times.

Perlmutter was among those pushing for Nelson Peltz to join the board. He also infamously almost fired Kevin Feige, but was stopped by Bob Iger.

Perlmutter, whose position was shifted to chairman in 2017, was “intent on firing Kevin Feige” in 2015, Iger said. This would have been around the same time that Feige was in talks to switch to DC because of frustrations with Perlmutter. Feige is now Chief Creative Officer at Marvel.

Perlmutter came to Disney with the purchase of Marvel in 2009.

Marvel Entertainment co-president Rob Steffens and chief counsel John Turitzin were also laid off.

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