Lasseter will remain as an executive producer, while Josh Cooley, formally the co-director of the film, will step up to direct.
Cooley was also on stage with Lasseter at the time, and they introduced a video touring the Pixar offices and the team working on the movie.
After blasting everyone with a Hawaiian t-shirt cannon, Lasseter revealed the news that he was stepping down as director of Toy Story 4.
The D23 Expo is currently underway in Anaheim, California, as Disney reveals all the latest news and projects coming out in the near future.
→ Full news story
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