Bayern München chairman Karl-Heinz Rummenigge believes Carlo Ancelotti's pedigree means he is sure to have success in charge of the club next season.
Current head coach Pep Guardiola announced on Sunday that he would not be renewing his contract, which expires at the end of the current campaign.
Ancelotti was named as his successor shortly after the announcement and will join the club with a wealth of experience, including winning league titles in England, France and Italy and three Champions League titles.
"Carlo Ancelotti has had success everywhere as a coach," Rummenigge told Bild. "At Juventus, Milan, Chelsea, Paris, Real Madrid. He has won three times the Champions League. This is still a record, and of course, he has the quality.
"Carlo is a very calm, balanced professional who can deal with stars and lets you play football – we were looking for [that], we found [it]."
Rummenigge doesn't seem to be holding any grudges against Guardiola for his decision to leave, explaining that he is still a young coach looking for new experiences.
"We must not forget: Pep is a young person, and Bayern is only his second [coaching job]. He wants a new experience. It was similar in Barcelona. Pep is looking for a challenge.
"I am convinced that they will now work even more intensively and achieve great things."