Ray's previous credits include "Breach" and "Shattered Glass."
The announcement about UA's collaboration with StudioCanal on the movie was made Thursday by UA Chief Operating Officer Elliott Kleinberg, who said: "This is one of those moments when the right filmmaker gets behind a great project. Everyone involved is excited to work with Billy to make this film a success."
Like the novel, the movie will about "a man's discovery that all his recent successes in life are the result of his wife dabbling in witchcraft," UA said in a news release. "Furious, he demands she cease, forgoing her protection and triggering an onslaught of evil forces intent on restoring the imbalance."
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