Marvel gives its superheroes a boost

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Days after the $102.1 million boxoffice smash opening of "Iron Man," Marvel Entertainment has extended the contract of Marvel Studios chairman David Maisel through 2010 and promoted Kevin Feige to president of Marvel Studios.

Maisel, who joined Marvel in 2003 and was named chairman of Marvel Studios last year, was responsible for the conception and execution of the company's film production initiative and for securing a $525 million nonrecourse loan facility to finance the strategy. He also served as an executive producer on "Iron Man" and the upcoming "The Incredible Hulk."

Feige joined Marvel in 2000 and was named president of production in 2007. He produced "Iron Man" and "The Incredible Hulk," which Universal opens in June. Feige also serves as producer of numerous Marvel Studios projects in development including "Iron Man 2," "Thor," "The First Avenger: Captain America" (working title), "The Avengers" and "Ant-Man." He is executive producing upcoming non-Marvel Studios films based on Marvel characters including "Punisher: War Zone" and "X-Men Origins: Wolverine."

"In their respective roles, David and Kevin have led Marvel into a bold new era," Marvel Entertainment chairman Morton Handel said. (partialdiff)
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