Charlton have unveiled former Crystal Palace boss Iain Dowie as the new manager at The Valley.
Dowie led Palace to promotion in 2004 but relegation in 2005
He will head up a new management team, with Les Reed - who worked under former Addicks boss Alan Curbishley - returning as an assistant coach.
Dowie, 41, left Palace by mutual consent on 22 May but said he had no regrets about joining their rivals.
He said: "The easy thing would have been not to come here. I've taken what is a fantastic opportunity for me."
Mark Robson has been appointed development coach, while Andrew Mills has been made general manager of football.
Curbishley stood down at the end of the 2005-06 campaign after 15 years at the helm.
Charlton chairman Richard Murray said they had interviewed over 20 potential replacements.
Former Northern Ireland international Dowie added: "It's a job which doesn't come up too often.
"Charlton has a fantastic reputation I think it's been earned over the years.
I have taken what I think is a fantastic opportunity for me and hopefully a great one for Charlton
"It's a special place to work because they have got a history of being stable.
"This is a club that's been run hugely successfully by Alan Curbishley.
"Following in Alan's footsteps is daunting but it's what I'm looking forward to.
"I have taken what I think is a fantastic opportunity for me and hopefully a great one for Charlton.
"When I met Richard and some of the other members of the board I was very excited by the plans they had in place.
"I have found them very enthusiastic, they match my energy and passion."
Following the press conference Palace chairman Simon Jordan issued a writ against Dowie for misrepresentation.
He claims he waived a compensation clause in Dowie's contract allowing him to leave as he claimed he wanted to move back to the north to be nearer his family.
But Dowie insisted he had left Palace for a new challenge, rather than for geographical reasons.
Charlton chairman Richard Murray was pleased to get his man.
"I'm particularly delighted to have secured the services of Iain Dowie," he said.
"We interviewed over 20 candidates and I can assure you Iain Dowie was the most impressive of those candidates.
"We're really excited about him joining."