TOEIC Part 7: Single Passage Mock Test

HIROSHIMA (September 9) – TechGen Inc. announced today that its Chief Executive Officer, Kenji Tanaka, will retire on December 31 after 15 years leading the company. Mr. Tanaka is credited with several major achievements, including overseeing the company's successful expansion into the European market and the launch of its flagship product, the "SmartHome Hub." The Board of Directors has unanimously appointed a successor. Maria Lee, the current Chief Financial Officer (CFO), will assume the role of CEO effective January 1. Ms. Lee has been with TechGen for ten years and has been instrumental in the company's financial growth and stability. "The board is confident that Ms. Lee's extensive financial expertise and deep understanding of our company culture make her the ideal leader to guide TechGen into its next chapter," said Hiroshi Sato, the board chair. "We are immensely grateful for Mr. Tanaka's years of dedicated service and leadership." To ensure a seamless handover, Mr. Tanaka will work closely with Ms. Lee over the next three months. He has stated that he looks forward to spending more time with his family after his retirement.