Ipswich have confirmed that Mick McCarthy has been appointed as the new manager at Portman Road on a three-year contract.
The former Sunderland, Wolves and Republic of Ireland boss takes over the reins with the Tractor Boys mired at the foot of the Championship.
McCarthy, who is joined at Ipswich by Terry Connor, won promotion to the Premier League with both Sunderland and Wolves and says his aim is to repeat that feat with Town.
"I'm obviously delighted to have been given the job as Ipswich Town manager and I'm looking forward to the challenge ahead," McCarthy told the club's official website.
"It's a fantastic football club, with a proud tradition and history and a terrific fanbase.
"While the long term ambition is to take the club back into the Premier League, it's clear that the first priority is to get some confidence back into the team and start climbing the table."
Ipswich chief executive Simon Clegg said: "I am delighted to welcome Mick and Terry to Portman Road.
"We are under no illusions of the challenge ahead for this club given our position in the table but we feel we have the right manager to lead that challenge.
"Mick has a wealth of knowledge in the game and has shown that he knows how to compete successfully in the Championship in his time at both Sunderland and Wolves.
"While the first task is to guide the Club away from our current position, we believe Mick has all the credentials and drive to eventually bring success back to Ipswich Town."