He will now oversee the club's move to a new 32,000-seater stadium to replace the current home ground at Filbert Street.
The new stadium is expected to be completed by the beginning of the 2003/2004 season but with Leicester City's Premier League status currently under threat of relegation, the incoming CEO will face a challenging first year in control.
Leicester City has named Mark Fenoughty as finance director with immediate effect.
Leicester City has named Steve Kind, formerly the club's finance director, as chief executive. Kind takes control at a pivotal moment in the Premier League club's history.
