Shrewsbury Town named Gary Peters as their new manager on Monday afternoon.
Peters has previously managed Preston and Exeter
The League Two strugglers have been without a boss since Jimmy Quinn resigned from the post in October.
Former Preston and Exeter boss Peters has been among the front-runners, and speculation mounted when he watched the reserves last week.
Chic Bates, who has been caretaker manager for three weeks, told Radio Shropshire he expects to be retained at the club in some format.
Peters will be keen to sort out Town's problems, with the team third bottom of the Football League, and with confidence battered by Saturday's FA Cup defeat by non-league Histon.
Shrews chairman Roland Wycherley said: "Of all the candidates who applied for
the job, Gary was the one that stood out immediately.
"When we met him at the interview it was clear straight away that he was the
man to lead Shrewsbury Town forward."