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Hi - this is supported. Please see this KP article on how to change the owner of a scheduled report.
the ability to build a report then edit permissions to take the creators name out and pass it to someone else would be very useful to deal with employees changing roles/leaving
We have created a 'reporting user' that we schedule reports under. In our particular scenario, all users that schedule reports are super users, so we are able to control this user to maintian the schedules, so this option may not work for your scenario.