DreamWorks Animation Names Gregg Taylor Head of Development

NEW YORK - DreamWorks Animation said Tuesday that it has promoted Gregg Taylor to the post of head of development for the studio.

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Taylor, who previously served as a senior development and production executive, overseeing DreamWorks Animation's expanding franchise properties, will oversee the development of all projects at the studio.

The role he is taking over was previously held by Alex Schwartz who after four years in the position will serve as a producer on the studio's upcoming feature Mr. Peabody & Sherman, scheduled for a March 2014 release.

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"Gregg is an exceptional executive with a wide range of creative experience that will positively influence our future slate," said DreamWorks Animation chief creative officer Bill Damaschke. "Alex's exemplary work in development over the years makes her an ideal choice to assume the role of producer on Mr. Peabody & Sherman, and I look forward to her continued creative input and leadership."

Said Taylor: "This studio is a very special place, and I am deeply grateful to be working alongside [CEO] Jeffrey [Katzenberg], Bill and Ann Daly as we strive to tell great stories and find innovative ways to expand our business."

Taylor served six years as executive vp of development and production for The Kennedy/Marshall Company, which during that time produced The Curious Case of Benjamin Button and The Bourne Ultimatum, among others.

Taylor previously ran Mike Myers' production company, where he co-produced Austin Powers in Goldmember and executive produced The Cat in the Hat.