The 27-year-old England international has made the switch from Tottenham Hotspur on loan until the end of the season and the Goodison chief is happy with the signing.
He told evertonfc.com: "It was not something we had planned. I spoke to Paul Jewell about Stubbsy on Wednesday afternoon - I spoke to Alan and he wanted to speak to them.
"He wants to play Stubbsy and that is great because he is 36 and sometimes you feel like hanging up your boots but not Stubbsy.
"I am disappointed to lose him but I think the form of Phil Jagielka, Joleon Lescott and Joseph Yobo has limited his opportunities so what it meant is that is left us a little bit short.
"I felt we had to go try and get some cover in so went and did some last minute shopping.
"We have a busy period coming towards the end of the season and we might need to use him. I could not take the chance of only having three centre-halves at the Club in case we had an injury or suspension. Hopefully he will be fit in the next couple of weeks."