Manchester United have confirmed that David Moyes will replace Sir Alex Ferguson at Old Trafford and will take over as manager at the end of the current season.
Moyes has agreed a six-year deal at the club, which will start on June 1, and will take his place at the Old Trafford helm with the blessing of Sir Alex.
"When we discussed the candidates that we felt had the right attributes we unanimously agreed on David Moyes. David is a man of great integrity with a strong work ethic," Sir Alex Ferguson told the club's official website.
"I've admired his work for a long time and approached him as far back as 1998 to discuss the position of Assistant Manager here. He was a young man then at the start of his career and has since gone on to do a magnificent job at Everton. There is no question he has all the qualities we expect of a manager at this club."
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