Apollo Group, Inc. (Nasdaq:APOL) (“Apollo
Group,” “Apollo”
or “the Company”)
today announced the resignation of Brian Mueller as President and
Director, effective immediately.
“We are thankful for Brian’s
many years of service to the Company and for the instrumental role he
has played in our success,” said John G.
Sperling, founder and acting Executive Chairman of the Board. “His
contributions to Apollo during the course of his 20-year career are
numerous and we wish him well.”
Mueller served as President of Apollo Group since early 2006 and
previously as CEO of University of Phoenix’s
online campus. Throughout the course of his career with Apollo and
University of Phoenix, he served in a series of leadership roles in the
organization.
Apollo Executive Vice President, Chief Financial Officer and Treasurer,
Joseph L. D’Amico will serve as interim
President. Sperling noted, “Joe has been
involved in all aspects of our operation and we are highly confident in
his abilities to lead Apollo.”
Commenting on the transition, Greg Cappelli, Executive Vice President,
Global Strategy and Assistant to the Executive Chairman, stated, “Apollo
is engaged in a CEO search process. And, we are very fortunate to have
an extremely talented and long tenured executive and managerial group
and we will continue to look to their leadership.”
About Apollo Group, Inc.
Apollo Group, Inc. has been an education provider for more than 30
years, providing academic access and opportunity to students through its
University of Phoenix, Institute for Professional Development, College
for Financial Planning, Western International University, Meritus
University, Insight Schools and Apollo Global. It also owns Aptimus, a
provider of innovative digital media solutions. The Company’s
distinctive educational programs and services are provided at the high
school, college and graduate levels in 40 states (as of February 29,
2008) and the District of Columbia; Puerto Rico; Alberta and British
Columbia, Canada; Mexico; Chile; and the Netherlands, as well as online
throughout the world.
Apollo Group, Inc.
Investor Relations Contact:
Allyson
Pooley, 312-660-2025
allyson.pooley@apollogrp.edu
or
Media
Contact:
Keri Ruiz, 602-417-0695
kruiz@ckpr.biz
