Bolton Wanderers have appointed Phil Parkinson as their new manager on a two-year contract.
The 48-year-old has joined the Trotters from fellow League One side Bradford City after the two clubs agreed a compensation deal.
Parkinson will be joined at Bolton, who finished bottom of the Championship last season, by assistant Steve Parkin.
Nigel Adkins and Steve Cotterill had also been in the running to take charge at the Macron Stadium.
Bolton have been without a permanent manager since Neil Lennon left by mutual consent in March, with academy boss Jimmy Phillips taking charge for the end-of-season run-in.
Parkinson is best known for leading Bradford City to a series of Cup upsets.
In the 2012-13 season, he led the Bantams to the final of the League Cup, having beaten Premier League giants Arsenal on penalties in the quarter-finals before knocking out Aston Villa over two legs in the last four.
But Bradford could not cause the ultimate upset, as the then-League Two side were humbled 5-0 by Swansea City in the final.
In January 2015, Bradford again made headlines under Parkinson as they came back from 2-0 to beat Chelsea 4-2 in the FA Cup fourth round – the only time any side came back from a two-goal deficit to win at Stamford Bridge while Jose Mourinho was in charge.
City went on to beat Sunderland in the next round before losing 3-0 to Championship side Reading in a quarter-final replay.
With Bolton relegated to the third tier of English football, Parkinson’s main task will be to guide the Trotters back to the Championship.
He achieved that with Colchester United in 2006 as the Essex club finished runners-up in League One.
Parkinson then had a six-month spell in charge of Hull before leaving by mutual consent with the club in the Championship relegation places.
He became Charlton assistant manager in January 2007 and after Alan Pardew left in November 2008 stepped into the top role. He guided the Addicks to the League One play-offs in 2009, when they lost to Swindon Town on penalties.
Parkinson led Bradford to promotion to League One via the play-offs in 2013 as they beat Northampton Town 3-0 in the final at Wembley.
After 11th and seventh-placed finishes in League One, Bradford finally made the play-offs last season when they ended the campaign in sixth place, but after a 3-1 first leg loss at home to Millwall, the Bantams could only draw 1-1 at the New Den.
Bolton’s relegation from the Championship means they will be playing in the third tier of English football for the first time since 1992-93.
The Sports Shield consortium, led by former Wanderers striker Dean Holdsworth, took over the Lancashire club in March, along with chairman Ken Anderson’s Inner Circle group.
It is believed former owner Eddie Davies has written off the majority of the £172.9m debt that was owed to him, but recruitment could still be hampered with Bolton still under a transfer embargo for breaking Financial Fair Play regulations.