Former Central Coast Mariners boss Montgomery is the fifth man to take the job on a full-time basis since the late Ron Gordon took over Hibs in July 2019, following Paul Heckingbottom, Jack Ross, Shaun Maloney and Lee Johnson.
Over the years, Hibs have had 36 different full-time managers – but which ones have won the most games while in the Easter Road hotseat?
Only those managers who had 10 or more matches in charge have been considered.
Take a look through our photo gallery to see the 10 Hibs managers with the best win percentages in the history of the club.
. Jock Stein
Period as Hibs manager: 1964–1965. Win percentage: 62%. 31 wins from 50 games. The late great Jock Stein remains, thanks to his 62 per cent win rate, Hibs’ most successful permanent manager. Photo: Third Party
. Alan Stubbs
Period as Hibs manager: 2014–2016. 59% win ratio. 59 wins from 100 games. Having started his management career with Hibernian in 2014, Alan Stubbs led the club to a Scottish Cup victory in 2016 - it's first in 114 years. Photo: Third Party
5. Bob Shankly
Period as Hibs manager: 1965-1969. Win ratio: 50.87%. 117 wins from 230 games. The elder brother to Bill Shankly, the legendary Liverpool manager, Bob Shankly is considered one of Dundee FC's greatest managers. He left the Dark Blues in 1965 to replace Jock Stein as manager of Hibs. Photo: Third Party
6. Jack Ross
Period as Hibs manager: 2019-2021. Win ratio: 50%. 46 wins from 98 games. Jack Ross's Hibs finished the 2020–21 Scottish Premiership in third place, their highest finishing position in 16 years. They also reached the 2021 Scottish Cup Final, but lost 1–0 to St Johnstone. His sacking came 10 days before the team were due to play in the League Cup final. Photo: Third Party
7. Willie McCartney
Period as Hibs manager: 1936-1948. Win ratio: 49.59%. 240 wins from 484 games. The Sunday Herald newspaper listed Willie McCartney in 22nd place in their 2003 list of the 50 greatest Scottish football managers, citing his role in the development of Hibs' Famous Five forward line. Before managing the Easter Road club, he was manager of local rivals Heart of Midlothian. Photo: Third Party
8. Willie MacFarlane
Period as Hibs manager: 1969-1970. Win ratio: 49.12%. 28 wins from 57 games. The former Hibs defender, who played the alongside the club's Famous Five in the 1950s, took over from Bob Shankly as Hibs boss in 1969. During his time in charge, Hibs qualified for the Inter-Cities Fairs Cup by finishing third in the Scottish League, setting a club record for consecutive wins. Photo: Third Party