CEO Announcement Press Release Template

Get more media coverage with a free CEO announcement press release template. Includes a free download, helpful writing tips, and an example.

Updated on July 15th, 2020

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A CEO announcement press release template is a press release template businesses use to inform the media and employees of the appointment of a new CEO and the exit of the current CEO.

Such a press release must cover who is leaving and why, who is the new CEO and why, and any special procedures that were followed in making the appointment.

CEO Announcement Press Release Template Download:

Download our CEO announcement press release template, fill in the blanks, and send it out to the media.

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CEO Announcement Press Release Template:

FOR IMMEDIATE RELEASE

[Company Name]

[Date]

[Business Name] Appoints [Name] As [New CEO]

[Sub-header: write one sentence about why this news is important to the company.]

[Place, date]. [Business Name] announced today that [name] has been appointed new CEO of the company. An experienced business leader, [Name] will succeed [outgoing CEO name] and assume responsibilities on [Date]. [Outgoing CEO name][reasons for leaving].

[Write two or three sentences on the new CEO’s background].

“[Quote from a senior board member about how new hire is the right fit],” said [quoted source]. “[Quote continued].”

While at [previous company], [new CEO] [list of achievements/awards/etc].

“[Quote from the senior board member on impact new CEO is expected to have],” said [quoted source]. “[Quote continued].”

[New CEO] received [academic degrees] from [university] in [year]. [Mention any accomplishments, recognition, related background, etc].

About [Business Name]

[Two to three sentences on what the business does. Include significant business partners and mission statement].

Media Contact:

[Name]

[Job Title]

[Email address]

[Phone number]

[Website]

Tips for using grand opening press release templates:

  • Make sure to explain in the first paragraph why the old CEO is leaving.
  • When giving background information about the new CEO, only mention what is relevant.
  • This sort of press release must paint the new CEO in a positive light and show they were the obvious choice.

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CEO Announcement Press Release Sample::

NEWS RELEASE

FOR IMMEDIATE RELEASE

ABCDFoods

12 May 2020

ABCDFoods Appoints Eve Exampleton As New CEO

Frozen foods giant puts former supermarket chain CEO at the helm.

Baltimore, Maryland, May 12, 2020. ABCDFoods announced today that Eve Exampleton has been appointed the new CEO of the company. An experienced business leader, Exampleton will succeed Adam DeeGeeJay and assume responsibilities on June 1. After 15 years as CEO, DeeGeeJay has retired.

Eve Exampleton worked as CEO of Great Chains for eight years. Before that, she ran a chain of nail salons across seven states.

“It was immediately clear that Exampleton was the right fit,” said Eric Nothaname, Chief Communications Officer. “We've been aware of her work for years and we know she will lead us into a new era.”

While at Great Chains, Eve Exampleton made a number of improvements to the supply chain that led to increased savings, and launched a range of products, increasing revenue by 30%.

“When Great Chains was in a spiral, Exampleton pulled up,” said Nothaname. “ABCDFoods is no way struggling, but we think she is a great replacement for Adam.”

Eve Exampleton received her MBA from Harvard Business School.

About ABCDFoods

ABCDFoods is the producer of the much-loved CulinaryCouch, a range of delicious and nutritious frozen dinners.

Media Contact:

Todd Dott

Public Relations Officer

todd.dott@abcdfoodspr.com

(555) 123-1234

FAQs:

What is a CEO announcement press release template?

A CEO announcement press release template is a press release template businesses use to inform the media and employees of the appointment of a new CEO and the exit of the current CEO.