Feige, who oversaw four of the top ten movies ever released while at the comic book film company, will be joined by Lucasfilm president Kathleen Kennedy as she paves the way for new content in the George Lucas-created universe, according to The Hollywood Reporter.
Kennedy produced the latest Skywalker trilogy after Lucas sold his company for $4 billion to Disney in 2012. The final movie in the series "Star Wars: The Rise of Skywalker" is set to hit theaters on December 20.
"With the close of the Skywalker Saga, Kathy is pursuing a new era in Star Wars storytelling, and knowing what a die-hard fan Kevin is, it made sense for these two extraordinary producers to work on a Star Wars film together," said Walt Disney Studios co-chairman and chief creative officer Alan Horn.
After Disney acquired the rights to Star Wars, including a lucrative portion of the consumer product licensing, the company has put out a total of four films for the franchise including "Star Wars: The Force Awakens", "Star Wars: The Last Jedi", "Rogue One" and "Solo".
"Solo" was the first "Star Wars" movie to lose money, per The Hollywood Reporter. Disney, however, is still banking on the science fiction sagas with a slew of upcoming projects. Both Rian Johnson, who wrote and directed "Star Wars: The Last Jedi", and "Game Of Thrones" showrunners D.B. Weiss and David Benioff are working on features. Jon Favreau's live-action show "The Mandalorian" will premiere on the new streaming service, Disney +. And Ewan McGregor is slated to star in an Obi-Wan Kenobi series.
Feige has been president of Marvel since 2007, with Disney taking over the company in 2009. And he is expected to play a big part in developing Marvel superhero projects with the assets, such as the rights to "X-Men", Disney absorbed after buying 21st Century Fox in March.