The Denver Broncos have hired John Fox, agreeing to terms with the 55-year-old to become the 14th head coach in club history.
He will be formally introduced at a press conference scheduled for Friday at 2 p.m. (et).
"Coach Fox is a great fit for us not only with his coaching ability but also with his personality," Broncos executive vice president of football operations John Elway said via his Twitter account.
"He is a dynamic and proven leader who will energize our entire organization. John has coached great defenses, turned teams around and been to Super Bowls. We couldn't be more excited to have him lead the Denver Broncos."
Fox takes the job after a relatively successful nine-year stint with the Carolina Panthers, which included a pair division titles, three playoff berths and a Super Bowl appearance, but he was fired following a 2-14 campaign in 2010.
He'll have his work cut out for him, trying to reverse the fortunes of a franchise which suffered through its worst full season since joining the NFL, going 4-12 and seeing head coach Josh McDaniels fired after less than two years.
"I am very thankful to (Broncos owner) Pat Bowlen and John Elway for giving me the opportunity to coach a football team with such a proud tradition," Fox said.
"The Broncos have a culture of winning and I am excited to continue that legacy. I can't wait to get to work, pushing our players to be the best they can be and representing this community as head coach of the Denver Broncos."
Fox took over a Panthers club that finished 1-15 under George Seifert in 2001, and within two years posted a winning record. That season, Carolina finished 11-5, won the NFC South and lost to the Patriots in Super Bowl XXXVIII.
The remainder of his tenure produced mixed results, as a wild card berth and an appearance in the NFC title game in 2005 was followed by two .500-or-less campaigns. Then, a 12-4 finish with another division crown in 2008 exploded into a second-round loss to Arizona.
Carolina was just 10-22 over its last two seasons.
The Broncos are looking for that spark Fox once provided. Denver has missed the postseason every year since 2005, when it went 13-3, won the AFC West, and lost to Pittsburgh in the AFC Conference Championship game.
It is the longest drought since the franchise failed to play beyond the regular season every year from its 1960 inception with the American Football League until 1977.
Last year under McDaniels and interim head coach Eric Studesville, the Broncos posted their worst record since going 3-11 in 1967, and finished last in the AFC West for the first time since 1999.
Prior to his stint with the Panthers, Fox served as defensive coordinator of the New York Giants from 1997-2001, helping them earn a berth in Super Bowl XXXV against the Baltimore Ravens.
That know-how will be necessary to revamp a defense which allowed a league- worst 471 points last season.