It has been confirmed that J.J Abrams will direct the upcoming Star Wars sequel.  Abrams directed the 2009 alternate reality reboot of the Star Trek franchise and its upcoming sequel Into Darkness.

Academy Award winning screenwriter Michael Arndt will pen the script for the next Star Wars.  Arndt won the Academy Award for Best Original Screenplay for Little Miss Sunshine and earned a nomination for his Toy Story 3 script.

Star Wars Episode VII is planned for a 2015 release.

Source:  Deadline