RTFA: http://news.yahoo.com/s/ap/20080204/ap_on_re_us/mo…
SALT LAKE CITY - Thomas S. Monson, a leader who became known for his folksy storytelling as he ascended through church ranks, was introduced Monday as the 16th president of The Church of Jesus Christ of Latter-day Saints.
Monson, 80, succeeds Gordon B. Hinckley, who died last month at age 97. Out of respect for the deceased president, the Mormon church never names a successor until after funeral services. Hinckley was buried Saturday.
The church relies on a pattern of apostolic succession in selecting a new president. Since the early part of the 20th century, the position has always passed to the most-senior member of its Council of Twelve Apostles, the second-tier of church leadership. Monson was formally chosen Sunday and ordained in a private ceremony inside the Salt Lake Temple.

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