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Dalian Wanda Group

Jack Gao leaves Wanda and Legendary Entertainment

Jack Gao leaves Wanda and Legendary Entertainment

Dalian Wanda Group executive Jack Gao, who has been leading the Chinese conglomerate’s film subsidiary Legendary Entertainment, has stepped down from his job, according to a person briefed on the matter.

Gao was senior vice president of Wanda’s cultural industry group, where he served a key role in overseeing the company’s entertainment acquisitions and investments. He was Legendary’s interim chief executive since founder Thomas Tull left the firm in January.

The departure of Gao reflects the struggles Wanda has faced in its attempts to break into the entertainment business by investing in U.S. companies. The Chinese government has cracked down severely on overseas...

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