Liverpool parted company with manager Brendan Rodgers on Sunday, just eight games into the Premier League season with the five-times European champions in 10th place.
“Although this has been a difficult decision, we believe it provides us with the best opportunity for success on the pitch," the club said in a statement.
"Ambition and winning are at the heart of what we want to bring to Liverpool and we believe this change gives us the best opportunity to deliver it.
“The search for a new manager is underway and we hope to make an appointment in a decisive and timely manner.”
The club have won only three of their opening league games, against Stoke City, Bournemouth and Aston Villa, and count a 3-0 thrashing at home by West Ham United among their early results.
Rodgers departs unbeaten in Merseyside derbies but was still clearly struggling to get his Reds properly firing.
Liverpool went ahead in the 41st minute after James Milner's corner saw Everton goalkeeper Tim Howard stuck to his line and Danny Ings left unmarked to head home from four yards.
"I love every goal no matter what game it is," Ings said. "We fought from start to finish."
But any joy for Rodgers was short-lived as Liverpool characteristically let its lead disappear when Emre Can failed to clear properly after Gerard Deulofeu's cross and Romelu Lukaku reacted quickest to fire home in first-half stoppage time.
Earlier, Liverpool drew 1-1 on Sunday in their Premier League match against Everton.
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