Ricciuto will lead a four-member panel tasked with finding a successor to Pyke, who quit on Thursday.

But Ricciuto says he's "not set" on whether to pick an experienced head coach or someone untested in the top job.

"There's positives of both," Ricciuto told Triple M radio on Friday.

"We went down the older one when I think Phil Walsh might have been the oldest ever first-time head coach when we appointed him.

"So I do like the experience and maturity and knowledge of an older coach.

"But I also know the game is changing and we have got a different generation of players that need different things to what we did 10 or 20 years ago.

"So we'll have a real strong think about that."

Pyke will depart Adelaide with what Ricciuto, the club's football director, described as an exit payment of "a smallish amount, but it won't impact on the football soft cap next year".

Crows chief executive Andrew Fagan will join Ricciuto on the selection panel. Two others - another board member and a person from outside the club - will be decided this weekend.

Potential candidates with past experience as a head coach include sacked Fremantle boss Ross Lyon and Michael Voss, who coached Brisbane for five seasons and has been an assistant coach at Port Adelaide since the 2015 season.

Voss has openly expressed a desire to again become a head coach and this season interviewed for the Carlton job awarded to David Teague.

Candidates without head coaching experience include Scott Burns, understood to have been pipped for the Crows' job by Brenton Sanderson in late 2011.

Burns has spent stints as an assistant coach at West Coast, Collingwood and now Hawthorn.

Other potential applicants could include current assistant coaches Ben Rutten (Essendon), Nathan Bassett (Port), Matthew Nicks (GWS) and Justin Longmuir, currently at Collingwood but considered a frontrunner for Fremantle's vacant head coach role.

Adelaide's only premiership coach, Malcolm Blight, urged the club to appoint a younger coach given the club was entering rebuilding mode with their playing group.

"It is going to be a much younger group than what Don Pyke has had ... you would love to see a younger coach grow with them," Blight told 5AA radio.

Australian Associated Press