McQuarrie Will Helm MI 5

Christopher McQuarrie ("Jack Reacher") is now confirmed to direct Paramount Pictures' Mission: Impossible 5 says Screen Daily.

Tom Cruise will star again as special operative Ethan Hunt in the sequel--which reunites Cruise with his "Reacher" writer/director

"Iron Man 3" scripter Drew Pearce is writing the screenplay, while Cruise and J.J. Abrams will produce. 

The last film--2011's "Mission: Impossible - Ghost Protocol" raked in $700 million worldwide.
McQuarrie performed an uncredited re-write on the 'Ghost Protocol' script.