President Giannis Alafouzos started the presentation, claiming that Stramaccioni is a young but experienced manager, who will easily understand the club's philosophy and promote the talented youngsters.
Football Director Takis Fyssas and Technical Director Leonidas Vokolos thanked former manager Giannis Anastasiou and welcomed the Italian, claiming that he will have their outmost support and help.
"I want to thank the President and the directors who selected me, they showed how much they wanted me and I am really happy. I prefer hard work than talking, Panathinaikos is a great club with traditions, fans and passion. I am proud to be here", was the first statement of 39-year-old Stramaccioni.