Updated Dec. 6:
Bjorn, 45, played in three Ryder Cups as a player and served on four other occasions as a vice captain. The Dane will become the first Scandinavian to serve as European captain.
"It's a huge honor for me to be named European captain for the 2018 Ryder Cup in Paris," Bjorn said. "This is one of the greatest days in my career."
Bjorn was chosen by a five-member panel that included each of the last three European captains - Darren Clarke, Paul McGinley and Colin Montgomerie - as well as European Tour CEO Keith Pelley and tournament committee member Henrik Stenson.
Bjorn was a runner-up at The Open in both 2000 and 2003, and since 2007 he has served as the chairman of the European Tour's tournament committee, a role he will now relinquish in order to take on the responsibilities of captain.
"I studied a lot of captains as a player and as a vice captain, and always wondered what that feeling would be like to be the one leading out a team of 12 great players," Bjorn said. "Now it's my turn to do just that and it is an exciting moment for me. I have lived and breathed the European Tour for so long, and now I will do the same with the Ryder Cup for the next two years."
Original story, Dec. 5:
Thomas Bjorn played on three winning Ryder Cup teams, and now he will be the man to lead the European team in 2018.
Golf Channel insider Tim Rosaforte confirms that Bjorn will be named the captain on Tuesday. The story was first reported by Golf Digest. He has served as an assistant captain four times (2004, 2010, 2012, 2016) and played on winning teams in 1997, 2002 and 2014.
Bjorn won 15 times on the European Tour and compiled a 3-4-2 record in the Ryder Cup. He was an assistant captain on Darren Clarke's team in October that lost to the U.S. for the first time in eight years. It was the only time Bjorn had been part of a losing team either as a player or assistant captain.
The 2018 Ryder Cup will be held at Le Golf National outside Paris.