The West Bromwich Albion manager, who has also coached Inter Milan, Fulham and Liverpool, has agreed a four-year deal to coach the Three Lions - succeeding Fabio Capello after the Italian resigned from his post in February.
With two games remaining of the current Premier League season, the FA has allowed the 64-year-old to take charge of the Baggies for those final fixtures - against Bolton and Arsenal - before taking on his new role on a full-time basis.
"I suppose it's a very proud day. I'm a very proud man to be offered the chance to manage my country," Hodgson said in his opening remarks to the media. "I think England always have to go into tournaments to win them because we are a major footballing nation."
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