Pools announced Lee’s exit less than 48-hours before their final game of the season against Colchester United after ‘a significant downturn in results and performances over recent months, despite investment in new players during the January transfer window.’
Lee was in charge for five months at the Suit Direct Stadium after he replaced Dave Challinor in December.
The former Middlesbrough academy man led Pools to League Two safety as well as the fourth round of the FA Cup and the semi-final of the EFL Trophy.
But results have dwindled over recent weeks with Pools winning just one of their last 11 games, which has led to chairman Raj Singh relieving Lee of his duties with just one game remaining. But who is in line to replace Lee?
Here, we take a look at who is being tipped to be the next Hartlepool United manager:
5. Kevin Thomson (16/1)
The former Boro player is currently in charge of Scottish side Kelty Hearts. He guided them to promotion this season, finishing a mammoth 21 points clear at the top of the league. (Photo by Barry Pells/Getty Images) Photo: Barry Pells
6. Robbie Stockdale (12/1)
Could the former Sunderland coach be set for a return to the north east? Under the guidance of Stockdale, Rochdale finished a point and a place below Pools this season. (Photo by Lewis Storey/Getty Images) Photo: Lewis Storey
7. Tony Mowbray (12/1)
Former Blackburn Rovers boss Mowbray was favourite for the role last week but has had his odds of taking over lengthened recently. Would a move back to the North East be something which interests the 58-year-old? (Photo by Harriet Lander/Getty Images) Photo: Harriet Lander
8. Pete Wild (6/1)
Wild was linked with the role following Dave Challinor's exit but will no doubt be focused on Halifax' National League promotion battle with the playoffs to come. (Photo by Lewis Storey/Getty Images) Photo: Lewis Storey