Steve McClaren has been appointed as the new head coach of Newcastle United.
The 54-year-old succeeds John Carver, who
was sacked on Tuesday,
and the former England manager has also been named on the club's board.
Mike Ashley has left his position on the board but remains owner.
McClaren, who has signed a three-year contract that could be extended to eight years, said: "I'm determined to give the supporters a team they can be proud of."
Ex-England boss McClaren, sacked by Derby in May, had turned down the Magpies job twice - after Alan Pardew's departure in December and before the last three games of the season.
Newcastle secured their Premier League status on the final day after winning just three of 20 matches under Carver, who was caretaker manager.
Manchester City's Under-21 squad manager Patrick Vieira had also been in the running for the role at St James' Park.
Newcastle's last major trophy was the 1955 FA Cup and McClaren said his priority was to win silverware.
"There's a lot of work to do, but the club has made it clear about wanting success and I would not have come here if I didn't believe they were serious," he said.
"This club has waited far too long to win a trophy. That's one of my primary objectives here.
"I've already won trophies as a manager, and a club the size of Newcastle United should be winning cups and finishing in the top eight in the Premier League."
McClaren managed England from 2006 to 2007 and also had spells in charge of Middlesbrough, Nottingham Forest, German side Wolfsburg and Dutch club Twente.
He was appointed Derby coach in September 2013 and led the Rams to the Championship play-off final in 2014. Derby were among the favourites for promotion last season but finished eighth despite being second in the table with 11 games remaining.
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