Courtney Holt will step into the role of executive vice president and head of Maker Studios, Disney Consumer Products and Interactive Media, owners of the multi-channel network, announced. Holt is the current chief strategy officer for the company.

Holt will report to Jimmy Pitaro, co-chair, Disney Consumer Products and Interactive Media, and president, Disney Interactive. The appointment is effective immediately.

Holt will replace Ynon Kreiz, president, Maker, who will vacate his role Jan. 11, 2016.

“We are pleased that Courtney Holt has agreed to take on an expanded role leading Maker Studios as we continue to explore new ways to leverage Maker’s unique capabilities across The Walt Disney Company,” says Pitaro. “We also want to thank Ynon Kreiz, who in just three short years helped Maker Studios become the global leader in short-form entertainment. We appreciate his leadership