James Bond has a new boss. Cary Fukunaga has been named director for the 25th installment of the 007 franchise!

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James Bond has a new boss. Cary Fukunaga has been named director for the 25th installment of the 007 franchise, with Daniel Craig reprising his role – reportedly for the last time – as the man with the license to kill, Hollywood Reporter reports.

Bond producers Eon made the announcement on Thursday, adding that production had been pushed back to March 2019 for a worldwide release date of Feb. 14 2020, shifting Bond from its traditional winter slot (and some four months back from its previous launch date of Oct. 25, 2019).

“We are delighted to be working with Cary. His versatility and innovation make him an excellent choice for our next James Bond adventure,” said Eon’s Michael G. Wilson and Barbara Broccoli in a tweet.

The news ends weeks of speculation over who would take over the reigns of the next 007 after Danny Boyle stepped down from the film in August over “creative differences,” according to Eon at the time. Several names, including Yann Demange, David Mackenzie and Bart Layton were reportedly among those being assessed for the role.

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