Apollo Group, Inc. Announces the Hiring of Timothy Daniels as President of Apollo Global
February 24 2011 - 8:00AM
Business Wire
Apollo Group, Inc. (NASDAQ: APOL) (“Apollo Group” or “the
Company”) today announced that its majority-owned subsidiary Apollo
Global, Inc. (“Apollo Global”) has named Timothy F. Daniels as
President of Apollo Global, effective immediately. Mr. Daniels will
oversee all aspects of the management of Apollo Global, a leading
international education services provider. He will report directly
to Gregory Cappelli, Co-Chief Executive Officer of Apollo Group and
Chairman of Apollo Global.
“We are pleased to have Tim join Apollo Global at such an
exciting time for our organization,” said Cappelli. “His wealth of
experience and substantial expertise will be a strong asset to our
organization and a valuable complement to the excellent management
team at Apollo Global. His selection reflects our continued
commitment to broaden our educational options and access for
students on an international scale.”
Mr. Daniels most recently served as Chairman and Chief Executive
Officer for Wall Street Institute (“WSI”), a provider of English
instruction for individuals and corporate clients around the world.
Immediately prior to assuming his position at WSI, Mr. Daniels was
the managing director responsible for K-12 investments for Sylvan
Ventures, the venture capital investment arm for Sylvan Learning
Systems. He received his MBA from the University of Chicago and a
BBA from the University of Wisconsin.
Mr. Daniels succeeds Jeff Langenbach, who has accepted a new
assignment with Apollo Group as both Chief of Staff for the Office
of the CEO and Chief Administration Officer (“CAO”). As Chief of
Staff, Mr. Langenbach will support the Co-CEOs on critical
strategic initiatives and lead key Apollo Group support services.
Mr. Langenbach will continue to be integrally involved with Apollo
Global, as Vice Chairman of the Board.
“We are very proud of the great work Jeff has done in launching
Apollo Global and managing the organization since its inception,”
said Mr. Cappelli. “During his tenure, Apollo Global has grown to
provide educational offerings to students on three continents.” “We
believe that Apollo Group will continue to benefit from Jeff’s
talents and expertise as he takes on this new challenge,” said
Charles Edelstein, Co-Chief Executive Officer of Apollo Group.
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, master's and doctoral levels through
its subsidiaries: University of Phoenix, Apollo Global, Institute
for Professional Development and College for Financial Planning.
The Company's programs and services are provided in 40 states and
the District of Columbia; Puerto Rico; Latin America; and Europe,
as well as online throughout the world.
For more information about Apollo Group, Inc. and its
subsidiaries, call (800) 990-APOL or visit the Company's website at
www.apollogrp.edu.
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. Apollo Global is a consolidated
subsidiary of Apollo Group, Inc.
The Apollo Global family of companies currently includes BPP, a
provider of education and training to professionals in the legal
and finance industries in the United Kingdom and Europe; UNIACC, an
arts and communications university in Chile; Universidad
Latinoamericana, a communications, business, and medical university
in Mexico; and Western International University, a Phoenix-based
regionally accredited university offering campus-based and online
degree programs in subjects such as business and technology.
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