New York (CNN Business) John Lasseter, the former Disney Animation chief who left the company after he was accused of sexual misconduct, has found a new job.

Lasseter will lead the animation arm of Skydance Media, the company announced on Wednesday.

Skydance CEO David Ellison said that the company "did not enter into this decision lightly."

"John has acknowledged and apologized for his mistakes and, during the past year away from the workplace, has endeavored to address and reform them," Ellison said.

Lasseter said he spent the last year away from the industry in "deep reflection," learning how his actions "unintentionally made colleagues uncomfortable, which I deeply regret and apologize for."

Read More