The former captain of the England cricket team, has joined property management company Capital Properties in a non-executive role as leadership & development director.
Vaughan's role is to help develop new business opportunities and offer advice on leadership techniques.
Since announcing his retirement from cricket in 2009, Vaughan has invested in a number of properties in the UK, Europe and America.
Capital Properties has expanded its services outside of Manchester and has recently opened an office in London.
Craig Sackfield, client director at Capital Properties, formerly represented Vaughan during a role at a sports agency. He approached Vaughan about the opportunity to join the company's senior team earlier this year.
Vaughan said: "I've known Craig for a long time and when he left the sports world for the property industry I was very interested to learn about what Capital Properties had to offer. People often overlook the property management sector, but Capital Properties is really looking to change this by making its mark in the industry and I'm very much looking forward to helping the team achieve this."
Mark Burgess, managing director of Capital Properties, said: "We are absolutely thrilled to have such an inspiring and influential figure such as Michael Vaughan join our senior team. Michael has both the passion for property and ethical business that we champion here at Capital Properties so it really was the perfect fit. We look forward to working with Michael further to grow the business and are keen to develop our leadership skills based on his experiences as England's captain."