JERRY O'Connell will replace Sharon Osbourne on The Talk after the host quit the show in March.
Host Sheryl Underwood announced the news on Wednesday's episode of The Talk.
She opened the show by saying: "This person has been doing some serious training to get ready for their new hosting duties."
A video then played of frequent host Jerry working out and heading to The Talk studios, as he greeted crew members before going on stage to join his new costars.
He said of the new gig: "It's really exciting. You ladies have been so welcoming to me. I came here as a guest months ago. From the moment I walked in, you're gracious, you're kind, you're fun and it worked. Here we are. We're going to have a lot of fun, we really are."
Host Elaine Welteroth said they are "lucky" to have Jerry join, as it takes a "real man" to come on a woman's show.
Amanda Kloots added: "I love having you on set everyday. You bring such an amazing energy to this studio. I learn from you everyday. You are an incredible host and we are so lucky to have you here.”
Jerry, 47, then thanked the crew as he added: "It's a special feeling around here."
Sheryl then said: "You add to that. You make everybody smile. You know names. You say good morning to everybody."
Jerry ended: "We're going to have a good time!"
He even gave his new cohosts flowers to celebrate the gig.
The actor began co-hosting alongside Sheryl, Amanda and Elaine for The Talk’s Men of May special, and continued to co-host in recent weeks.
The Sun broke in May that Jerry is in “in final negotiations” to replace Sharon, 68, on The Talk after she quit the show in March over her on-air fight with Sheryl, 57.
Though the co-hosts seemed overjoyed by the new addition on Wednesdays’s episode, a source told The Sun in May that Sheryl and Elaine were “not happy.”
The source claimed: “On camera everyone is lovey-dovey and laughing together, but off camera Sheryl and Elaine have raised some serious concerns.
"Sheryl thinks Jerry is fine for the Men of May month producers planned, but beyond that she feels we are telling the audience that women cannot behave themselves and be friends.
“It's not the narrative Sheryl wants out there and she thinks it would further damage public perception.”
As for Elaine, she wants to focus less on the light-hearted and humorous topics discussed with Jerry on the show.
The source continued: “Elaine wants to use her voice to address important conversations like Black Lives Matter, under representation in the workplace and police brutality, not surface conversations about Katy Perry not shaving her legs.
“Elaine feels she was hired to have deep meaningful conversations and now the show is abandoning that plan to have silly conversations.
“The powers that be keep saying to hire Jerry and book him week after week.”
Though Jerry is a big name, the source said: “The truth is that no one can replace Mrs. O. Sharon was the centerpiece of the show.”
A second insider said: "The hosts are enjoying 'The Talk's Men of May' with Jerry and the fun and entertaining discussions they've been having on the show.
"The Talk will continue to address important, timely topics as well.”
The cast shakeup started when Sharon addressed her decision to stand by her longtime friend Piers Morgan's criticism of Meghan Markle, resulting in an on-air fight with Sheryl, on the March 10 episode.
Sharon felt Sheryl was insinuating she is racist because of her decision to support her friend.
The show took a month-long hiatus to conduct an internal review.
CBS then announced Sharon had quit the show in March.
In April, Carrie Ann Inaba was out for two weeks because of side effects from her various autoimmune conditions.
She then announced she is taking a leave of absence from the CBS show.
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