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Communication Press Release

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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 …show more content…

There needs to be a balance, shareholders want to know their investments are safe, but business practices must be performed in an ethical manner according to SEC guidelines.

Great care should be taken in notifying the public in this situation, the value of communication should not be underestimated. The public may be influenced by negative information from unreliable sources, such as tabloids and media. It is our hope that this press release will ease any concerns the public may have regarding the financial viability of the organization. The CFO in any business plays a major role in the financial future of the company. A sudden departure in this leadership position could pose financial risks for any business, so rumors may surface rapidly. It is expected that the press release will achieve the goals of the organization and diminish any public negativity.

The press release was created to improve and build on our rapport with our employees, customers, investors, shareholders, and the general public. This release will help facilitate a perception about the risk and profitability of our business that will transform the public opinion. Upon completion of the investigation by the SEC, a follow-up release may be required.

This memo is provided to keep you informed of the many changes to come at our organization. Please review the information

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