Trank's feature debut as a director was the film "Chronicle" -- which made him one of the youngest directors to open a No. 1 movie in the US. Trank is currently working on "The Fantastic Four" for 20th Century Fox, and it's scheduled for a June 2015 release.
"He is such an incredible talent and has a great imagination and sense of innovation," Lucasfilm President Kathleen Kennedy said of Trank on StarWars.com. "That makes him perfectly suited to Star Wars, and for this new slate of movies that reach beyond the core characters and storylines of Episodes I through IX."
For his part, Trank said, "The magic of the Star Wars Universe defined my entire childhood. The opportunity to expand on that experience for future generations is the most incredible dream of all time."
"Godzilla" director Gareth Edwards was also recently named to direct the first of a series of annual standalone "Star Wars" movies that will hit theaters in late 2016.