Micheline Chau is stepping down as president and chief operating officer of Lucasfilm after two decades with the company.

The exec is retiring after having spent much of her time turning “Star Wars” into a worldwide franchise through TV shows, videogames and other spinoffs as well as an ongoing line of popular licensed merchandise which has kept the film property fresh with new generations of fans.

Senior executives for each of the Lucasfilm divisions will now report directly to Lucasfilm co-chair Kathleen Kennedy, who joined the company in June. Chau had overseen the daily operation of Lucasfilm, which also owns visual effects arm Industrial Light & Magic; audio postproduction division Skywalker Sound; game studio LucasArts; Lucas Licensing; Lucasfilm Animation; Lucas Online; and Lucasfilm Singapore.

“I’ve been very fortunate to have Mich at the helm of my company,” said Lucasfilm founder and co-chairman George Lucas. “She has provided the focus and strategy needed to keep Lucasfilm at the forefront of the global entertainment industry. Mich has been a key member of my executive team for over 20 years and she will be missed. I wish her the best in her retirement.”

“I’ve spent the past two decades at Lucasfilm growing the business and in the process have had the distinct pleasure of working with some of the most creative people in the world” Chau said. “I’m very proud of what Lucasfilm has accomplished during my tenure and I know the company is set up for great things and will continue to inspire audiences for a long time to come.”