Jon Favreau Not Directing Iron Man 2?

Favreau was hired to direct Iron Man very cheaply because, Favreau, at the time hasn't really made any awesome movies. But now that Iron Man is such a huge success, Favreau wants to get paid a little more money to direct Iron Man 2. That seems reasonable but Marvel Studios President, David Maisel is reluctant. He feels that the movie will be a success no matter who directs it. This is disappointing.More at IESB.