The Italian Football Federation (FIGC) have confirmed Antonio Conte as the nation's new coach, effective immediately.
The 45-year-old led Juventus to three successive Serie A titles before surprisingly resigning from his post last month.
And he was confirmed as Cesare Prandelli's replacement on Thursday, signing a contract that will keep him in charge of Italy until July 2016.
Under the terms of Conte's contract, he will receive a bonus for leading the country to UEFA Euro 2016.
Further bonuses are up for grabs if Italy can improve their FIFA ranking by five positions and depending on the nation's performance at that tournament in France.
FIGC president Carlo Tavecchio confirmed the association had been talking with Conte earlier this week and after much speculation, they announced the appointment on Thursday.
Conte reportedly beat former Manchester City and Galatasaray manager Roberto Mancini for the position.
He will face the media for the first time in Rome on Tuesday.
Conte's first task in charge of Italy will be a friendly against the Netherlands on September 3 before the nation's bid to reach Euro 2016 begins against Norway six days later.
Italy failed to make it through the group stages of the 2014 World Cup, leading to Prandelli's resignation.
Aussies Abroad: Rogic, Vukovic primed for big Europa League ties
Tom Rogic and Celtic will face traditional La Liga powerhouse Valencia while Danny Vukovic’s Gent take on Czech giants Slavia Prague after the draw for the UEFA Europa League Round of 32 was made on Tuesday morning (AEDT). Celtic scrapped through by the skin of their teeth, af
Aussies Abroad: Jeggo stars in Vienna derby, Ryan edged by Chelsea in Premier League
A clean sheet, a title race and a derby goal headlined an action-packed night for our overseas Australians. In Austria, James Jeggo opened his account for the season in Austria Wien’s 6-1 hammering of Rapid Wien in the Vienna derby. DEGENEK REFLECTS: Caltex Socceroos defend
Aussies Abroad: Luongo, Irvine help sides to important Championship wins
Massimo Luongo and Jackson Irvine both braved atrocious English weather to help steer their sides to Championship victories on Sunday morning (AEDT). And in warmer temperatures, Matt Jurman’s Al Ittihad broke through for their first win of the Saudi Arabia Pro League season at
Degenek not taking his foot off the gas
Twelve months ago, Caltex Socceroos defender Milos Degenek was playing in Japan — now, he’s tearing up Serbia’s SuperLiga, having been named in the league’s best eleven for the first half of the season. It’s a credit to Degenek, 24, who signed with Red Star Belgrade in July