NBC announced today that Jimmy Fallon will succeed Jay Leno on The Tonight Show.

Jay Leno will wrap up his hosting career in the Spring of 2014.

From EW.com - “Congratulations Jimmy,” Leno said in a statement. “I hope you’re as lucky as me and hold on to the job until you’re the old guy. If you need me, I’ll be at the garage.” Added Fallon in a statement, “I’m really excited to host a show that starts today instead of tomorrow.”

Fallon’s Late Night has ranked No. 1 in 18-49 versus the time period’s ABC and CBS competition each season since debuting in March of 2009.