Fabio Paratici has been named Juventus' football managing director.
Juve have announced two managing directors will report to chairman Andrea Agnelli. Paratici will be in charge of the entire football operation, while Stefano Bertola will be responsible for the business sector.
Federico Cherubini, meanwhile, takes on the position of football director reporting directly to Paratici, who also retains direct responsibility for the first team.
Paratici had been under pressure after a difficult summer market, particularly the collapse of a deal for former Barcelona striker Luis Suarez, who eventually moved to Atletico Madrid.
Paratici had been linked with PSG and Manchester United ahead of yesterday's Shareholders' Meeting.
