James Mangold is in talks to replace Steven Spielberg as the director of Indiana Jones 5.

Fans who want to see Steven Spielberg direct Harrison Ford and his famous hat one more time, the legendary Schindler's List helmer has stepped down from directing the movie.

Spielberg will remain with the project as hands-on producer, but chose to pass on the role of director to someone else so the younger generation could lead the franchise forward.

Mangold is an exciting new addition to the franchise, having already cut his teeth on big blockbuster franchises like Fox's Wolverine film series, earning a few Oscar noms along the way. Mangold was previously tapped by Disney to direct a Boba Fett standalone movie before plans fell through after Solo: A Star Wars Story, another standalone film, flopped at the box office. Indiana Jones 5, then, is Mangold's second chance to leave his mark on a legendary Lucasfilm franchise.

Harrison Ford is expected to reprise his starring role as the archaeologist for the first time since 2008's Indiana Jones and the Kingdom of the Crystal Skull, which brought back Raiders of the Lost Ark companion Marion Ravenwood (Karen Allen) and introduced Indy's son, Mutt Williams, played by Shia LeBeouf.

Source: Press Release