"We are extremely excited to announce Frank Reich as head coach of the Indianapolis Colts," Colts owner and CEO Jim Irsay said in a statement. "Frank has all the ingredients of a successful head coach: intelligence, innovation, character, organizational and leadership skills, and a commanding presence. He also has a stellar reputation, and his myriad of life experiences and the people he has worked with make him the perfect fit for us and our fans. I feel extremely fortunate and could not be more excited for Colts Nation and the future of our franchise."