Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Apollo Group Says John Sperling To Retire As Executive Chairman

RELATED NEWS
Trade APOL now with 
12/13/2012 6:29 PM ET

Apollo Group, Inc. (APOL: Quote) announced that John Sperling will retire as executive chairman of the company's board of directors, effective December 31, 2012.

Additionally, the company announced that John Sperling's son, Peter Sperling has been elected chairman of the board of directors.

The company said that Sperling most recently served as vice chairman of the board, and has held numerous management roles with Apollo Group since he joined the company in 1983. Terri Bishop, executive vice president and senior advisor to the CEO of Apollo Group, was elected vice chair of the board, effective December 31, 2012.

Click here to receive FREE breaking news email alerts for Apollo Education Group Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.