Adly Mansour took the oath of office at the Nile-side constitutional Court in a ceremony broadcast live on state television.
According to military decree, Mansour will serve as Egypt's interim leader until a new president is elected. A date for that vote has yet to be set.
Dressed in a dark blue suit and blue tie, Mansour used his first remarks as interim leader to praise the massive street demonstrations that led to Morsi's ouster. He also hailed the youth behind the protests that began on June 30.
Mansour replaced Morsi, who was Egypt's first democratically elected president but was overthrown by the military on Wednesday after a tumultuous year in office. Morsi is under house arrest at an undisclosed location.
The military, in a statement read by army chief Gen. Abdel-Fattah el-Sissi on Wednesday evening, also suspended the Islamist-drafted constitution and called for new elections. Morsi has denounced the action as a "full coup" by the generals.
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