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Apollo Group Inc. Appoints Two New Board Members.


PHOENIX -- Apollo Group Inc. (Nasdaq:APOL APOL Asia Pacific Online
APOL Alternate Person on Line
) today announced the appointment of Dan Diethelm and George Zimmer to its board of directors.

"The expansion of Apollo's board of directors ensures the company will continue to benefit from a diversity of experience and opinions. We have determined that Dan and George will be valuable additions to our board because of their proven leadership skills and broad management experience in established companies," said John Sperling, acting executive chairman of Apollo Group Inc.

Diethelm, 43, has been the president of 4Group, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a private equity firm since 2003. Since 1998, Diethelm has also been managing partner of Sudan Funding, LLC, which acts as a manager, investor and consultant, primarily in turnaround situations. Diethelm is chairman of the board of directors, and chairman of the audit committee of Hypercom, a New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 company that provides complete electronic payment solutions and value-added services at the point-of-transaction. He is also a member of the board of directors of Western International University, president of the Arizona State Exposition and Fair Board and the former president of the Arizona State Board for Charter Schools. Diethelm is a Chartered Financial Analyst Chartered Financial Analyst (CFA)

An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts.
. He received a Bachelor's degree in Business Administration (Finance) from the University of Arizona (body, education) University of Arizona - The University was founded in 1885 as a Land Grant institution with a three-fold mission of teaching, research and public service. .

Zimmer, 57, is the founder, 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 chairman of Men's Wearhouse Inc. Zimmer opened the first Men's Wearhouse in 1973 in Houston. The company, which is listed on the New York Stock Exchange, now operates more than 700 stores with more than $1.7 billion in sales. Additionally, the Zimmer Family Foundation awards more than $500,000 annually in college scholarships to the children of Men's Wearhouse employees. Zimmer is currently co-chair of the board of the Institute of Noetic Sciences The Institute of Noetic Sciences (IONS) was co-founded in 1973 by former astronaut Edgar Mitchell and industrialist Paul N. Temple [1]to encourage and conduct research and education programs on mind-body relationships for the purpose of expanding "human possibility by , and serves on several advisory boards including The Boys & Girls Club of Oakland, Calif., and the World Business Academy of Ojai, Calif. Zimmer received a Bachelor's degree in Economics from Washington University.

These additions increase the number of Apollo directors to nine. In addition to Diethelm and Zimmer, the members of Apollo's board are: John Sperling, acting executive chairman, Apollo; Brian Mueller, president, Apollo; Peter Sperling, senior vice president, Apollo; Dino DeConcini, vice president and senior associate of Project International Inc.; Hedy Govenar, founder and chairwoman, Governmental Advocates Inc.; John Norton, founder, J.R. Norton Co.; and John Blair, founder, J. Blair Consulting.

Apollo Group Inc. has been providing higher education programs to working adults for almost 30 years. Apollo Group Inc., operates through its subsidiaries: The University of Phoenix Inc., Institute for Professional Development, The College for Financial Planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 Institutes Corp., and Western International University Inc. The consolidated enrollment in its educational programs makes it the largest private institution of higher education in the United States Higher education in the United States refers to colleges and universities within the United States. Overview
The American university system, like the American educational system in general, is highly decentralized because the U.S.
. It offers educational programs and services at 97 campuses and 159 learning centers in 39 states, Puerto Rico, Alberta, British Columbia, Netherlands, and Mexico.

For more information about Apollo Group Inc. and its subsidiaries, call 800-990-APOL or visit Apollo on the company Web site at: www.apollogrp.edu.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 26, 2006
Words:503
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