Michael continued as Chief Executive on an interim basis until the appointment of his successor, and will now hand over to Shane Logan, who takes up his position in the New Year.
A graduate of Bangor Grammar School and Manchester University where he studied Law, Shane has gained a wealth of commercial experience over the last 17 years, in a wide range of industry sectors.
His first senior position was as General Manager of the world famous Harland and Wolff Shipbuilders, based in Belfast, which was followed by his appointment as the Head of Coca-Cola for Central Russia.
He is currently Chief Executive of the Royal National Institute of the Blind.
Aged 46 and married with two children, Shane has a wide range of sporting interests and still runs competitively.
He has a lifelong commitment to the game of rugby, having coached in his hometown club of Bangor and played for clubs in three different continents.
Commenting on the appointment, Cecil Watson, President of the Ulster Branch, said: "The recruitment process attracted a high level of quality applicants for the position and was extremely competitive.
"Ulster Rugby is delighted to have secured the appointment of someone with such a range and depth of experience, and Shane will bring many levels of expertise to the position."
Commenting on his appointment, Shane said: "I am delighted to have been appointed as Chief Executive of Ulster Rugby. I look forward to helping all parts of the game achieve their full potential and to Ulster Rugby playing a leading role in both Irish and International rugby."
Shane is currently still working in his current position and will not be available for media interviews until he formally takes up his role as Chief Executive in the New Year.