Luton have appointed David Pinkney as chairman after he acquired a controlling interest in the club's holding company. Pinkney has taken up his position with immediate effect after investing in Jayten Stadium Limited.
He said: "Being a Luton supporter since the age of 14, I'm delighted to become chairman of a club with such a proud heritage.
"I look forward to taking the club into a new era."
Pinkney, a Harpenden based businessman, is also a motor racing driver.
He drives for his own team, Daventry-based A-Tech Racing, in the British Touring Championships.
Previous Luton chairman Bill Tomlins resigned from Luton's board of directors earlier this week.
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