Apollo Group, Inc. announces appointment of Dr. Klor de Alva to the Executive Committee of Apollo and the retirement of John D. Murphy.PHOENIX--(BUSINESS WIRE)--Feb. 13, 1997--Apollo Group, Inc. (Nasdaq:APOL APOL Asia Pacific Online APOL Alternate Person on Line ) today announced the appointment of Dr. Jorge Klor de Alva to the Executive Committee of Apollo Group Apollo Group, Inc. NASDAQ: APOL is an S&P 500 corporation based in Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, provides higher education to working adults. , Inc. Dr. Klor de Alva, who was appointed Vice President of Business Development in July 1996, has been a director of the Company since 1991 and is currently a member of the Audit Committee of the Board of Directors. The Executive Committee of Apollo currently consists of seven members represented by the presidents of the major subsidiaries, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and CFO See Chief Financial Officer. of Apollo, and certain key executives. Dr. Klor de Alva, most recently at the University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. and previously at Princeton University, has over 25 years experience in higher education, teacher education and consulting for school districts and teacher's groups, the Educational Testing Service The Educational Testing Service (or ETS) is the world's largest private educational testing and measurement organization, operating on an annual budget of approximately $1.1 billion on a proforma basis in 2007. , the Graduate Record Exam and the College Board. The Executive Committee of Apollo currently consists of seven members represented by the presidents of the major subsidiaries, the CEO and CFO of Apollo, and certain key executives. He has also developed a number of K-12 textbooks and multimedia products for both Houghton Mifflin and McDougal Littell. Among Dr. Klor de Alva's various educational undertakings in the U.S. and Europe, he co-chaired the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State Department of Education's K-12 Social Studies Curriculum and Assessment Commission, whose work helped establish the standards, assessment structure and curriculum guidelines in the field. Apollo Group, Inc. also announced that John D. Murphy, Senior Vice President and Director of Apollo, plans to retire as of August 31, 1997. Mr. Murphy has resigned from his position as Senior Vice President and Director; however, he will continue to work for Apollo on several projects prior to his retirement date. Mr. Murphy has been with the Company in various positions since 1976, most recently working on various business development efforts. Apollo Group, Inc., through its subsidiaries the University of Phoenix, the Institute for Professional Development and Western International University, is one of the largest providers of higher education programs for working adults in the United States, with total enrollment exceeding 49,000 students. Educational programs and services are offered at 88 campuses and learning centers in 29 states, Puerto Rico and London, England. CONTACT: Company Contact: James W. Hoggatt VP-Finance/CFO 602/966-5394, ext. 1729 Email: jwhoggat.oramail@apollogrp.edu or Investor Relations Investor relations The process by which the corporation communicates with its investors. Contacts: Janess Stanko Apollo Group, Inc. 602/966-5394, ext. 1719 Email: jmstanko.oramail@apollogrp.edu or Donna N. Stein, APR APR See: Annual Percentage Rate Morgen-Walke Associates, Inc. 212/850-5600 or Press Contact: Michelle Zawrotny Morgen-Walke Associates, Inc. 415/296-7383 |
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