It's been gathered that The former England midfielder has agreed a two-and-a-half-year contract - until June 2024 with the Toffees.
Frank will take charge of the First Team for the FA Cup fourth-round tie against Brentford at Goodison Park on Saturday 5 February.
The former English footballer has been out of job since he left Chelsea last year. He took over as the Blues boss in 2019 following his impressive performance with Derby County in Championship, where he guided Derby to the playoffs.
Lampard said: “It is a huge honour for me to represent and manage a club the size and tradition of Everton Football Club. I’m very hungry to get started. After speaking to the owner, Chairman and the Board, I very much felt their passion and ambition. I hope they felt my ambition and how hard I want to work to bring it together.
“You can feel the passion Everton fans have for their club. That will be hugely important. As a team – the competitive level that the Premier League brings and the position we are in the table – we certainly need that. It’s a two-way thing. I think Everton is a unique club in that you can really understand what the fans want to see. The first thing they want is fight and desire and that must always be our baseline."
Lampard won three Premier League titles, four FA Cups, two League Cups, the Champions League and Europa League, while earning 106 caps for his country in a glittering playing career.
“My first message to the players will be that we have to do this together. We’ll try to do our job and I know the fans will be there backing us.”
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