The 55-year-old, former boss at Preston North End and assistant to David Moyes at Everton, was appointed as Pepe Mel's replacement at the Hawthorns on Saturday.
|7/2||West Brom are 7/2 with William Hill to finish in the top half of the Premier League|
"I'm absolutely delighted to get the job," he told the club's official website.
"I've got a great deal of respect for the club right the way from the first team through to the academy.
"The situation at this club is similar to what I went through at Everton when I went there with David [Moyes].
"It is run very sensibly and, as a result of that, any head coach coming in has got a great chance of doing a good job.
"A number of the players who have had success in the Premier League with the club are still here but it's a small squad at this moment in time and, clearly, the first job is going to have to be to get some more players in."