The Moray club unveiled the former Inverness Caledonian Thistle and Livingston player as manager following the sacking of Ross Jack last week.
"It has been a bit of a whirlwind since I got the call yesterday to say Elgin had approached Wick to speak to me," he said.
"Definitely, the potential is there in terms of support. We know that the fanbase is there and we want to tap into it. The only way to do that is winning games."