The Twilight Saga has its last director. According to a press release issued by Summit Entertainment this morning it’s official, Bill Condon will direct The Twilight Saga: Breaking Dawn, the final installment in the series.

Condon is best known as the acclaimed director of movies like the biopic Kinsey and the musical Dreamgirls. Breaking Dawn will be without question his most mainstream work. He on the other hand, will be without question the most talented director this franchise has ever had. Sorry Chris Weitz, but you’re no Bill Condon.

Here’s the complete, official press release announcing Condon’s Breaking Dawn hiring:

Summit Entertainment has confirmed that Academy Award® winner Bill Condon will direct THE TWILIGHT SAGA: BREAKING DAWN, based on the fourth novel in author Stephenie Meyer’s Twilight series. THE TWILIGHT SAGA: BREAKING DAWN, is currently being written by Melissa Rosenberg, and will star Kristen Stewart, Robert Pattinson and Taylor Lautner. Wyck Godfrey, Karen Rosenfelt, and Stephenie Meyer will produce the project.

"Bringing Stephenie Meyer's BREAKING DAWN to the screen requires a graceful and intelligent hand and we believe Bill Condon is exactly the right steward, having shown equal and abundant talents of immense creativity and subtle sensitivity,” said Erik Feig, President of Production and Acquisitions, for Summit Entertainment.

Added author Stephenie Meyer, “I'm so thrilled that Bill wants to work with us. I think he's going to be a great fit, and I'm excited to see what he does with the material.”

“I'm very excited to get the chance to bring the climax of this saga to life on-screen. As fans of the series know, this is a one-of-a-kind book - and we're hoping to create an equally unique cinematic experience,” said Bill Condon.

THE TWILIGHT SAGA: BREAKING DAWN illuminates the secrets and mysteries of this spellbinding romantic epic that has entranced millions.

Condon is well known for writing and directing DREAMGIRLS, KINSEY, and GODS AND MONSTERS, for which he won the Academy Award for Best Adapted Screenplay in 1999. He was nominated for a second Oscar for his screenplay for the movie musical CHICAGO in 2003. Most recently the multi-hyphenate directed the pilot episode for the Showtime series “The Big C” and produced the 81st Annual Academy Awards telecast, hosted by Hugh Jackman.

The third film in the franchise, THE TWILIGHT SAGA: ECLIPSE is due in theaters on June 30, 2010.