Two-time Oscar winner Kevin Spacey, 48, who has been artistic director of the prestigious Old Vic theater in London since 2003, will head to Oxford in October for a new job as a teacher.

The university announced Friday that he would succeed Shakespearean actor Patrick Stewart as the Cameron Mackintosh Visiting Professor of Contemporary Theatre at Oxford's St. Catherine's College. Spacey, who will give lectures and lead seminars and theater workshops, said he was honored by the appointment.