Apollo Group, Inc. Expands Board of Directors
December 10 2009 - 4:01PM
Business Wire
Apollo Group, Inc. (NASDAQ: APOL) (“Apollo Group,” “Apollo” or
the “Company”) today announced that on December 7, 2009, the
Company’s Class B shareholders elected Mr. Samuel A. DiPiazza, Jr.,
to its Board of Directors, bringing the total number of directors
to 14 from 13 previously. With the election of Mr. DiPiazza, the
Board now includes nine independent directors.
“In an effort to broaden the scope of expertise and leadership
on the Board, we have added a new independent director,” said John
Sperling, executive chairman of Apollo Group, Inc. “Sam’s
experience leading a global organization and his deep interest in
education will add significant value to Apollo. I am very pleased
to welcome Sam to the Board.”
Samuel A. DiPiazza, Jr., most recently served as global chief
executive officer of PricewaterhouseCoopers International Limited
(“PwC”), a leading provider of accounting, tax and advisory
services, retiring in September 2009 after 36 years with PwC.
Previously, Mr. DiPiazza was a leading tax partner with the firm,
specializing in mergers and acquisitions, the financial services
industry and international tax. Mr. DiPiazza held various regional
leadership roles within PwC’s domestic practice, eventually serving
as chairman and senior partner of its U.S. operations and as a
member of the global leadership team. Mr. DiPiazza began his career
with PwC in 1973 and was named partner in 1979.
Mr. DiPiazza serves as a trustee of the International Accounting
Standards Committee Foundation, is chairman of the Geneva-based
World Business Council on Sustainable Development, serves on the
USA Foundation Board of the World Economic Forum, and is a member
of the executive committee and the immediate past chairman of the
board of trustees of The Conference Board, Inc. Mr. DiPiazza is
also the past global chairman of Junior Achievement Worldwide, and
serves as a member of the executive council of the Inner-City
Scholarship Fund in New York City.
Mr. DiPiazza received a Bachelor of Science degree in accounting
from the University of Alabama, and a Master’s of Science in tax
accounting from the University of Houston.
About Apollo Group,
Inc.
Apollo Group, Inc. is one of the world's largest private
education providers and has been in the education business for more
than 35 years. The Company offers innovative and distinctive
educational programs and services both online and on-campus at the
high school, undergraduate, graduate and doctoral levels through
its subsidiaries: University of Phoenix, Institute for Professional
Development, College for Financial Planning, Western International
University, Meritus University, Insight Schools and Apollo Global.
The Company's programs and services are provided in 40 states and
the District of Columbia; Puerto Rico; Canada; Latin America; and
Europe, as well as online throughout the world (data as of August
31, 2009).
For more information about Apollo Group, Inc. and its
subsidiaries, call (800) 990-APOL or visit the Company’s website at
www.apollogrp.edu.
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