Greutert is a fan favourite of the franchise, with many championing his chops on his two entries. In addition to the 'Saw' films, he's also helmed the features 'Jessabelle' with Sarah Snook and 'Visions' with Isla Fisher.
'Variety' further states that the plot of the new film is currently under wraps, but the studio promises the film will capture fans' "hearts, and other body parts, with all-new twisted, ingenious traps and a new mystery to solve".
Producers Mark Burg and Oren Koules said in a statement accessed by 'Variety': "We have been listening to what the fans have been asking for and are hard at work planning a movie that Saw aficionados and horror fans alike will love.
"And part of that is giving the reins to Kevin Greutert, director of 'Saw VI', which is still one of the fans' favourites in the entire series. More details will be revealed soon."
The 'Saw' movie series, which began in 2004, has grossed healthy box office receipts.
The second film, which starred Donnie Wahlberg, was the most lucrative instalment, grossing over $147 million worldwide.