Apollo Global Announces Executive Appointments

Apollo Global, a majority-owned subsidiary of Apollo Group, Inc. (NASDAQ: APOL) today announced the following executive appointments effective immediately:

John Baule has joined Apollo Global as Chief Operating Officer and Chief Financial Officer, reporting to President, Jeff Langenbach. Baule will oversee the operations, strategy, and financial planning for the company’s subsidiaries – working closely with the leaders of those business units to achieve their long-range goals. Baule most recently served as the COO & CFO of publicly-traded K12 Inc. Baule brings extensive international experience to this new role having spent five years as CFO of global technology consulting firm Headstrong (previously James Martin & Co.) and nine years with Bristol-Myers Squibb, including six years as an expatriate in the Philippines and in Hong Kong. Baule began his career as an auditor with KPMG Peat Marwick.

“Apollo Global leverages the significant resources and expertise of Apollo Group against a tremendous global opportunity,” said Baule. “I am excited to be part of the company’s mission to build a global educational network that provides students around the world the ability to realize their full potential.”

In addition, Mehul Patel, who joined Apollo Global as Chief Marketing Officer in June, 2009, will assume added responsibility as the company’s Chief Administrative Officer – also reporting to President, Jeff Langenbach. In this capacity, Patel will oversee the company’s marketing, integration, enrollment, academic affairs, technology, and human resources functions. Prior to joining Apollo Global, Patel was the President of Kaplan Professional Publishing, a division of Kaplan, Inc. In addition, Patel held prior management positions at other education companies including Thomson Learning and UNext. Patel began his career at Leo Burnett, a global marketing and advertising firm.

“Apollo Global is one of the boldest educational ventures ever undertaken,” said Patel. “Not only is our vision of broadening student opportunity inspiring, but I’m also looking forward to working with Jeff and John to make it a reality as we advance the educational landscape worldwide.”

“The additions of John and Mehul represent a significant milestone in Apollo Global’s history,” said Langenbach. “Their operational and management experience in the education industry, combined with their areas of functional expertise, adds even stronger leadership to our organization. With this team in place, we’re looking to reach new heights as a company and achieve even more on a global scale.”

About Apollo Global, Inc.

Apollo Global, Inc., formed in 2007, is a joint venture between Apollo Group, Inc. and private equity firm, The Carlyle Group. Apollo Global’s vision is to broaden student opportunity, grow the knowledge base of the communities it serves and advance the educational landscape worldwide. Today, the Apollo Global network includes BPP, a leading provider of education and training to professionals in the legal and finance industries in the United Kingdom and Europe; UNIACC, a leading arts and communications university in Chile; and ULA, a renowned communications, business, and medical university in Mexico. Apollo Global is a consolidated subsidiary of Apollo Group, Inc.

Apollo Education Group, Inc. (NASDAQ:APOL)
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