Sam Raimi is rumored as a director.
Naughty Dog bosses Evan Wells and Christophe Balestra are teaming up with Evil Dead director Sam Raimi for the film, and The Last of Us directors Neil Druckmann and Bruce Staley will be involved as well. No word on a plot just yet, other than the logline from Deadline:
Hardened survivor Joel teams with young and capable companion Ellie to journey through a radically transformed world some 20 years after an infectious pandemic ravages humanity. The game has won numerous awards and has been a big seller since its release last summer.
More here. (link currently dead)