Okay, this gets better. So the "prestigious" Hollywood Critics' Association has existed since... 2016. Their president? Scott Menzel. Moreover, going over their wiki, they have a sizable list of awards discontinued as they hand out.
Now, this doesn't mean they aren't good at handing out awards. But they sure as heck aren't prestigious and winning their Filmmaker (not director) of the decade award isn't major. One of that MTV popcorn buckets has more cache, which probably has a better argument for counting towards "success".
en.wikipedia.org
You will notice they are now named The Hollywood Creative Alliance. Their third name in 8 years.
No, the MTV popcorn buckets don't have more cache, but we'll leave that hyperbole aside.
I'm surprised I have to belabor this point, but yes, Denis Villeneuve has an exceptionally high level of success in Hollywood. That is looking at success in the aggregate of commercial, prestige, critical, et cetera, where I evaluate his level of prestige and critical acclaim relative to other blockbuster directors. To the best of my knowledge, Villeneuve and Nolan are the most successful at straddling that divide between blockbusters and prestige.
He's received academy award nominations for best picture, best director, and best adapted screenplay. He's also received nominations from the Golden Globes and from Cannes, which between them are, I think, the three most respected film awards. All the while he is responsible for multiple blockbusters.
He's also held in high regards by executives. I recently found out that he's being allowed to make a film about
Rendezvous with Rama. In an era where the industry is focused on explosions and action set pieces, he's actually being permitted to develop a tentpole based on an exceptionally slow and hard science fiction story. It's a story about exploration and ideas. The characters in the book are very surface level and cookie cutter -- because the story is about the ideas, and not the characters. The fact it's being made is remarkable.
Aside: I was in the process of listening to the audio book, about halfway done, when I found out that it was being made into a film.
I love Matt Reeves as a director. I hope that he gets to make more movies. Now that I think about it, I'd be curious to see what he could do with Star Trek or Battlestar Galactica.