Photo - Theo Wargo (Getty Images)

By: Aj Mansour |

Speculation for a replacement has been running wild ever since David Letterman announced his intentions to retire in 2015. Wonder no more.

Thursday morning CBS announced that the current host of "The Colbert Report" Stephen Colbert, will be the new host of "The Late Show" when Letterman hangs it up.

"Stephen Colbert is one of the most inventive and respected forces on television," said Leslie Moonves, president and CEO of CBS. "David Letterman’s legacy and accomplishments are an incredible source of pride for all of us here, and today’s announcement speaks to our commitment of upholding what he established for CBS in late night."

So, what do you think? Do you like the idea of Stephen Colbert taking over "The Late Show"?