Communication Press Release

Topics: Public relations, Public, U.S. Securities and Exchange Commission Pages: 3 (856 words) Published: December 13, 2011
For Immediate Release:

Sudden Departure of XYZ, LLC Chief Financial Officer
XYZ, LLC is restructuring to compete in a difficult economy
San Diego, October 5, 2011 – XYZ, LLC announced Alex Martin, the company’s Chief Financial Officer (CFO), has resigned effective October 5, 2011. Alex Martin has replied no comment about the sudden departure, but XYZ, LLC reported he is pursuing other career opportunities. Industry experts speculate the resignation is due to the company’s impending financial crisis. The organization is appointing interim CFO June West as the new CFO. Alex Martin joined XYZ, LLC in 2006 as Chief Financial Officer. He has helped the company reinvent its operating model and accounting procedures. XYZ, LLC is a dynamic company with a bright future said Interim CFO June West. “The company will be restructuring, and I will be facilitating the transition process in the months to come.” West states the restructure will help solidify this company’s position in the realm of accounting firms, by reallocating company assets and implementing new accounting standards. She adds that, “Our goal is to form partnerships where both parties benefit we want to build life-long relationships with our clients.” “XYZ, LLC was founded on integrity and honesty and that is the basis of every project we undertake.” XYZ, LLC will be holding an Annual General Meeting to address concerns of shareholders, and discuss further business matters due to the restructure and the sudden CFO resignation. The organization restructure is expected to give XYZ, LLC a new competitive edge in an industry faced with a difficult economy. Notice of Annual General Meeting:

Today XYZ, LLC declared they will post resignation information to shareholders along with a Notice of an Annual General Meeting (AGM). The AGM will be held on October 12, 2011 at 1 pm in the Balboa Events Center for Business, San Diego, California. The Annual Meeting Notice lists the following objectives as:...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Memorandum, Press Release Essay
  • How to Manage Crisis Communication Essay
  • Press Release Essay
  • Essay on How to Write a Press Release
  • The Important of Press Release Essay
  • News Release Essay
  • Press Kit Format
  • Westely & Maclean Model of Communication Essay

Become a StudyMode Member

Sign Up - It's Free