Announcement of new company chairman

FOR IMMEDIATE RELEASE

[Company Name] Appoints New Chairman of the Board

[City, State] – [Company Name], a leading [industry/sector] company, is pleased to announce the appointment of [New Chairman's Name] as its new Chairman of the Board, effective [Date of Appointment].

[New Chairman's Name] brings a wealth of experience and expertise to the role, having served as a member of the company's board of directors since [Year]. With a strong track record of leadership and strategic vision, [New Chairman's Name] is well-positioned to guide the company's continued growth and success.

"We are thrilled to welcome [New Chairman's Name] to this new role," said [Current Chairman's Name], who will be stepping down as Chairman but will remain a member of the board. "His deep understanding of our business and his commitment to our values make him an ideal candidate to lead our company forward."

As Chairman, [New Chairman's Name] will be responsible for providing strategic guidance and oversight to the company's management team, as well as representing the company's interests in the broader business community.

"I am honored to take on this new role and am excited to work with the talented team at [Company Name]," said [New Chairman's Name]. "I am committed to building on the company's strong foundation and driving growth and innovation in the years ahead."

[New Chairman's Name] has a long and distinguished career in [industry/sector], with [Number] years of experience in leadership roles at [Previous Companies]. He holds a [Degree] from [University] and is a [Professional Certification].

About [Company Name] [Company Name] is a [brief description of company and its products/services]. With a commitment to [company values], we strive to deliver exceptional value to our customers and stakeholders.

Contact: [Name] [Title] [Company Name] [Email] [Phone]