AC Milan dismissed manager Clarence Seedorf and replaced him with another club great, Filippo Inzaghi.
In a brief statement Milan said they have handed youth-team coach Inzaghi a two-year contract until June 30, 2016.
Seedorf was only four months into a two-and-a-half year contract and replaced Massimiliano Allegri in January.
The former Dutch star led Milan to an eighth-place finish in Serie A with 11 wins in his 19 league matches in charge.
Despite an impressive first leg performance against Atletico Madrid in the Champions League last 16, Milan went out to the eventual runners-up 5-1 on aggregate.
Inzaghi fulfilling promise
The 40-year-old Inzaghi has long been touted as a future coach of Milan and like his former teammate Seedorf, he has no previous first-team managerial experience.
But the Italian has been coaching in the youth sectors at Milan since retiring in 2012 and has achieved impressive results.
Inzaghi had a glittering 11-year playing career at Milan, winning two Serie A titles and two Champions League trophies.
The former striker also won the World Cup with Italy in 2006.