This press release uses a format that is generally accepted by most media. The release should be double-spaced. Keep it brief and in inverted-pyramid style: most important news first, secondary news next, etc. If the story runs on to a second page, identify your story in the upper left-hand corner. End the release with three # symbols bottom-center.
Contact: <contact information>
<DATELINE>--<company name> regretfully announces that <employee name> will be ending <years of employment> on <retirement date>. After spending the last <years in most recent position>, doing outstanding work as <most recent position>, <last name> departs to pursue other lifelong interests.
<why person is retiring>
For more information, please contact <contact person> at <contact number>.