Capella Education Company : Names Hilary Pennington, Formerly with the Bill & Melinda Gates Foundation, to Its Board of Directors
05/08/2012| 12:20pm US/Eastern
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Capella
Education Company (NASDAQ: CPLA), a provider of online
post-secondary education through its wholly owned subsidiary Capella
University, has announced that Hilary Pennington has been named
to its board of directors. Pennington is the former director of
Education, Postsecondary Success, and Special Initiatives for the Bill &
Melinda Gates Foundation United
States Program, where she led the Foundation's Postsecondary
Education initiative as well as efforts around one-time opportunities to
respond to unique challenges and unanticipated events in the United
States.
"Capella Education Company is honored to have Hilary Pennington join our
board of directors. She has done extraordinary work with the Bill &
Melinda Gates Foundation across higher education and has a well-earned
reputation as a thought leader. Her specific focus on student success is
an area of critical importance to Capella. Her depth of knowledge will
greatly benefit Capella and help shape our work as we look to grow and
play a major role in addressing the biggest challenges and opportunities
of higher education in America," said Kevin Gilligan, chairman and chief
executive officer of Capella Education Company.
Pennington has also served as a senior fellow at the Center for American
Progress, and as vice-chair of Jobs for the Future (JFF), a research and
policy development organization that she co-founded. In her 22 years as
president and CEO of JFF, Pennington helped the organization become one
of the most influential in the country on issues of education, youth
transitions, workforce development, and future work requirements.
Pennington also served on the Presidential Transition Team for the first
Clinton administration, and as co-chair of a presidential advisory
committee on using technology to expand training opportunities.
Pennington is a graduate of the Yale School of Management and Yale
College. She holds a graduate degree in social anthropology from Oxford
University and was a fellow at the Harvard Kennedy School of Government
in 2000.
About Capella Education Company
Founded in 1991, Capella Education Company is a leader in online
education, primarily through our wholly owned subsidiary Capella
University, a regionally accredited online university*. In addition,
Capella Education Company offers online education through Resource
Development International Ltd. (RDI), an independent provider of
United Kingdom (UK) university distance learning qualifications; and
owns Sophia,
a first-of-its-kind social education platform that offers students many
ways to learn by making free, credible, academic content available to
anyone, anywhere, at anytime.
Capella University offers online graduate degree programs in business,
counseling, education, health administration, homeland security, human
resource management, human services, information technology, nonprofit
management and leadership, nursing, psychology, public administration,
public health, public safety, and social work; and bachelor's degree
programs in business, information technology, nursing, psychology, and
public safety. These academic programs are designed to meet the needs of
working adults, combining high quality, competency-based curricula with
the convenience and flexibility of an online learning format. Currently,
Capella University offers 46 graduate and undergraduate degree programs
with 144 specializations. More than 37,000 learners were enrolled as of
March 31, 2012. For more information about Capella Education Company,
please visit http://www.capellaeducation.com.
For more information about Capella University, please visit http://www.capella.edu
or call 1.888.CAPELLA (227.3552).
* Capella University is accredited by The Higher Learning Commission and
is a member of the North Central Association of Colleges and Schools
(NCA), www.ncahlc.org.
Capella University, Capella Tower, 225 South Sixth Street, Ninth Floor,
Minneapolis, MN 55402, 1.888.CAPELLA (227.3552), www.capella.edu.
Capella Education Company
Investor Contact:
Heide
Erickson, 612-977-5172
Heide.Erickson@capella.edu
or
Media
Contact:
Michael Walsh, 612-977-5661
michael.walsh@capella.edu
© Business Wire 2012
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