Message #20 From:
NewsBot Date: January 18, 2007 05:00:00 AM
APOL News Apollo Group, Inc. Appoints New Board Member
PHOENIX--(BUSINESS WIRE)--Apollo Group, Inc. (Nasdaq:APOL) announced today the appointment of
James R. Reis, executive vice president of GAINSCO, INC., to its Board
of Directors. Mr. Reis will also serve on the Board’s
Audit Committee.
Mr. Reis, 49, has served as executive vice president of GAINSCO, INC.
since 2005. Since 2001 Mr. Reis has performed merchant banking and
management consulting services through First Western Capital, LLC, of
which he is the founder, managing director and owner, and through which
he provided consulting services to a subsidiary of GAINSCO, INC. from
2003 to 2005. Mr. Reis served as vice chairman of ING Pilgrim Capital
Corporation, an asset management company, which he co-founded, from 1989
to 2000, when it was acquired by ING Groep, N.V. Mr. Reis received his
B.S. from St. John Fisher College in Rochester, New York, and is an
inactive Certified Public Accountant.
In addition to Mr. Reis, the current members of the Company’s
Board of Directors are: John Sperling, acting executive chairman; Brian
Mueller, president of Apollo Group; Peter Sperling, senior vice
president of Apollo Group; Dino DeConcini, vice president and senior
associate of Project International, Inc.; Hedy Govenar, founder and
chairwoman of Governmental Advocates, Inc.; John Blair, founder of J.
Blair Consulting; Dan Diethelm, president of 4Group LLC; George Zimmer,
founder, CEO and chairman of Men’s Wearhouse,
Inc.; and K. Sue Redman, senior vice president and chief financial
officer of Texas A&M University.
The Board’s Audit Committee is comprised of
Ms. Redman (Chair) and Messrs. DeConcini and Reis. The Nominating and
Governance Committee is comprised of Ms. Govenar (Chair) and Messrs.
Blair and DeConcini. The Compensation Committee is comprised of Ms.
Redman and Messrs. DeConcini (Chair) and Zimmer.
Apollo Group, Inc. has been providing higher education programs to
working adults for more than 30 years. Apollo Group, Inc. operates
through its subsidiaries: The University of Phoenix, Inc.; Institute for
Professional Development; The College for Financial Planning Institutes
Corporation; 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. It offers
educational programs and services at 100 campuses and 159 learning
centers in 39 states, Puerto Rico, Washington DC, 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 website at: www.apollogrp.edu.
