Lee Hoos has left his CEO role at Burnley to take up the same position at QPR.
The 53-year old American has jumped from one relegated club to another as the R's begin their summer planning to overhaul the management team and the playing group.
QPR chairman Tony Fernandes heaped praise on Hoos who has been at the helm of Burnley since arriving at Turf Moor at the end of 2011.
Fernandes said: "Lee was the stand-out individual from a very impressive list of candidates we spoke to during an extensive interview process, so I'm delighted he's accepted the role of CEO.
"He has experience of working in football, which was key. He's been responsible for creating and implementing strategies across all areas at his previous clubs, as well as overseeing the day-to-day running of the business, so he is exactly what we were looking for.
"With Lee's arrival this summer, complementing the recent appointments of Chris Ramsey (head coach) and Perry Suckling (academy manager), we will have a full senior management team in place at a hugely important and transitional time for this club.
"We know there is a rebuilding job required here, and with Lee, Ruban Ghandinesen (finance director) and Les Ferdinand (director of football) working closely with myself and the shareholders, I believe we've got a structure in place to achieve our objectives of getting the club back on a level footing and re-establishing the traditions of QPR."