Manager Scott Parker has left Fulham after they were relegated from the Premier League in May, the West London club said on Monday, with Bournemouth announcing later in the day he would take over for the Championship club.
Parker was appointed caretaker manager in February 2019 with the club heading for relegation, but brought them back up to the top flight last August for what proved to be a short-lived return.
"I believe this is the perfect fit for both parties," Parker told the club's TV station.
"The ethos, the reputation, the journey and the challenge here is something that's very exciting for me and my staff. We want to build a team the fans can be proud of and one they feel represents them. We can't wait to get started."
Former England midfielder Parker was appointed caretaker manager at Fulham in February 2019 with the club heading for relegation, but brought them back up to the top flight last August for what proved to be a short-lived return.
"Through promotion and relegation alike, Scott has always enjoyed my support as our Head Coach," said chairman Shahid Khan in a statement on the club website.
"Scott's departure does nothing to shake my confidence, however. We will hire a new Head Coach who is capable of achieving our goal of promotion and will be committed to Fulham and its supporters."
Later on Monday, Bournemouth announced that Parker had accepted the top job at the Vitality Stadium.
Fulham said first team coach Matt Wells and goalkeeping coach Rob Burch were among a number of backroom staff who had also left the club.