Hoare is a businessman, chairman of DX Group and trustee of the academy chain Academies Enterprise Trust (AET).
The position has been vacant since ministers failed to renew Morgan's contract in February, a decision she claims showed a "determined effort" to appoint a Tory chairman.
The move sparked a row within the coalition, with Liberal Democrats schools minister David Laws said to have been 'furious' at the decision to replace Morgan and Lib Dem spokespeople claiming that former education secretary Michael Gove was attempting to politicise the Ofsted post, an accusation he denies.
The former frontrunner was David Ross, a major Tory donor. Political commentators say that Hoare's appointment will prove much less contentious than Ross' would have been, and that this is a possible sign of improved relations in the coalition.
The campaign aims to tackle the worrying decline in reading for pleasure, with reading rates among young people dropping to its lowest level since 2005,
Almost half (46 per cent) of teachers across Europe do not think schools are equipping students with the skills needed for an AI future — a concern shared by two in five teachers in the UK (41 per cent).
An additional £20 million of funding has been allocated to support essential capital repairs and maintenance across schools and colleges in Wales this year.
Now in its 17th year, the Education Business Awards continue to recognise and celebrate the outstanding work, dedication, and achievements of schools and academies across the UK.