Date

FOR IMMEDIATE RELEASE

[company] announces the appointment of [name] as President, effective [date].

[name], [age], holds a [degree] in [field] from [university] and a [degree] in [field] from [university]. From [year] to [year], he was the [position] of [company]. Since [year], he has served as the [position] of [company].

At a press conference announcing his appointment to be the new president of [company], promised that he will remain committed to the policy of .