David Moyes has left West Ham United following the end of his short-term contract, the Premier League club announced on Wednesday.
The 55-year-old former Everton and Manchester United manager arrived at London Stadium in November with the sole objective of ensuring West Ham's top-flight status, which he achieved.
"I would like to place on record my sincere thanks to David Moyes and his staff for achieving the target of keeping West Ham United in the Premier League," said joint chairman David Sullivan.
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"When David and his team arrived, it was the wish of both parties that the focus be only on the six months until the end of the season, at which point a decision would be made with regards to the future.
"Having taken stock of the situation and reflected now the campaign is complete, we feel that it is right to move in a different direction."
Sullivan said the club, who finished 13th in the Premier League, aim to appoint a "high-calibre" successor within the next 10 days.
Among the names being linked with West Ham include Shakhtar Donetsk's Portuguese manager Paulo Fonseca, who is reported to have held talks with the club.