Hartlepool have brought former manager Chris Turner back to the club as director of sport and confirmed Paul Stephenson as boss until the summer.
Turner will not be involved in the first team at Victoria Park
Turner, who managed Pools between 1999 and 2002, had widely been tipped to take over the manager's position.
However, the 47-year-old will not be involved in first-team affairs.
Stephenson took over as caretaker boss after Martin Scott left the club by mutual consent, and has won one and drawn two of his three games in charge.
A new permanent manager will not now be named until the end of the season, club owners Increased Oil Recovery (IOR) have confirmed.
Turner will also be involved with negotiations over the future of the club, after the local council rejected an offer from IOR to buy the lease of Victoria Park last month.
He will also assist IOR with "the club's overseas participation in football tournaments, pre-season planning, conferences and Football League issues," according to the club website.
Turner had left Pools in 2002 to take over at Sheffield Wednesday, where he spent just under two years, and also managed Stockport between December 2004 and December 2005.