Gus MacPherson has been named Spiders boss ahead of 30 candidates, including ex-Morton boss Allan Moore, former Ayr manager Brian Reid and Eddie May, former Falkirk gaffer.
The new boss played for Rangers, Kilmarnock, Dunfermline and St Mirren, before stepping into a managerial role with the Renfrewshire side from 2003 for more than six years, in which his side earned promotion to the SPL.
The 45-year-old said: ”I am delighted and honoured to become head coach of Queen’s Park and very much look forward to the challenges ahead.
“This has been a difficult season for Queen’s Park we should remember the club has reached the play offs consistently over the last five seasons.”
Macpherson’s last role was with Queen of the South. His first fixture in charge is against Peterhead at Balmoor Stadium on Saturday.
QP, who are currently bottom of league two, pulled off a surprise 2-0 victory against Elgin City on Saturday, their first home win of the season.
Club president Ross Craven told ExtraSport: “I must commend the current contribution from Richard Sinclair and Tony Quinn.
“They were the ideal solution to the club’s interim management needs.”