Sunderland have named Phil Parkinson as their new manager.
The League One club sacked Jack Ross earlier this month after winning five of their first 11 league games.
Parkinson resigned from Bolton in August with Wanderers struggling to field a side due to serious financial difficulties and bottom of the table having been deducted 12 points.
"It is both a privilege and immense responsibility to be appointed manager of this great club," the 51-year-old said of his new job.
"I've been in football a long time now, and Sunderland's immense history, the passion of its fanbase and its wonderful facilities are legendary within the game.
"It's now up to me to build on the work of my predecessor and deliver the success the fans are so desperate for. This is a good squad of players, and I relish the challenge of working with them to achieve our goal of promotion from League One."
Chairman Stewart Donald said of Parkinson's appointment:
"Phil has a proven track record when it comes to achieving promotion and I'm delighted to welcome him to Sunderland.
"During a rigorous recruitment process, it gradually became clear that he was the prime candidate to take the club forward. His CV put him on our short list. His references from within the game set him apart.
"I hope that Sunderland fans will all join me in welcoming him to our historic club, as we look forward to an exciting few months."
