Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Apollo Group Says John Sperling To Retire As Executive Chairman

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

Quick Facts

Editors Pick
Despite calls from some leading conservatives, the results of a new CNN/ORC International poll released Friday showed that a vast majority of Americans do not believe that President Barack Obama should be impeached and removed from office. After coming under pressure in early trading, stocks have seen some further downside over the course of the trading day on Friday. With the losses on the day, the S&P 500 is pulling back well off the record closing high that it set in the previous session. After reporting an unexpected drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than expected in the month of June.
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.