MUMBAI: Marvel Studios has promoted Louis D‘Esposito as co-president. He will work along with Marvel Studios president Kevin Feige and will oversee the production schedule.

Previously served D‘Esposito as president of physical production and oversaw the budget and timeline on Iron Man and all Marvel Studios features.

D‘Esposito will report to Marvel Entertainment CEO Ike Perlmutter.

D‘Esposito was the executive producer of Iron Man and its upcoming sequel. He also served as executive producer on The Pursuit Of Happyness, Zathura, and S.W.A.T.
Iron Man 2 is scheduled to open on 7 May, 2010.