Hughton has managed to guide the Magpies to the top of the Championship and has been rewarded with a contract until the end of the 2010/11 season.
He said: “It is a very proud day for me to be named as the manager of this magnificent football club.
“I thank Mike and Derek for their support and will be doing everything in my power to get the club back into the Premier League at the first time of asking.
“Having the unequivocal backing of the players has helped me enormously and I would also like to thank Colin Calderwood, Paul Barron and the rest of the backroom staff who have never been anything but tremendously supportive to me this season.”
