Tim Johnson, the council's existing deputy managing director and strategic director of place, will be formally recommended to tonight's council meeting for the role.
It follows a rigorous external selection process and a meeting of a cross party special appointments committee which met yesterday to interview 4 candidates for the position.
Tim, aged 52, has worked at the council for 5 years.
City of Wolverhampton Council Leader, Councillor Roger Lawrence, said: "It was a very strong field of candidates, but Tim's vision, ambition, dynamism and passion for the city greatly impressed the cross party interview panel.
"Tim has been with us for 5 years and has made a major contribution to the transformation of the council and city. I look forward to continuing to work with Tim to take forward our ambitious plans for the City of Wolverhampton."
Tim Johnson said: "I am delighted to be recommended to be appointed managing director of this great council. I have been here for 5 years, so assuming my appointment is confirmed tonight, I intend to hit the ground running which is important as we continue the fast pace of change and transformation to deliver for our city.
"The recruitment process was tough and demanding and I would like to pay tribute to my fellow candidates who were all excellent."
Subject to councillors agreeing the appointment, Tim will take over from Keith Ireland who left to take up a new role as chief executive of Lincolnshire County Council last month.
- released: Wednesday 18 July, 2018