PHOENIX--(BUSINESS WIRE)--Mar. 26, 2012--
Apollo Group, Inc. (NASDAQ: APOL) today announced that Allen (“Al”)
Weiss has been appointed to the company’s board of directors, filling an
existing vacancy. Mr. Weiss will serve as an independent director of the
company, and will sit on the audit committee.
“Al brings a tremendous amount of business talent and expertise to the
board,” said John Sperling, executive chairman of the board of Apollo
Group. “Not only did Al lead Disney’s Parks and Resorts division through
its strongest period of revenue and profit growth ever – in the midst of
a worldwide economic recession – he did so without compromising the
high-quality experience Disney’s guests have come to expect.”
Mr. Weiss retired from The Walt Disney Corporation in November 2011,
after nearly 40 years of employment with the company. Most recently, Mr.
Weiss served as president of worldwide operations for Walt Disney Parks
and Resorts, overseeing all aspects of business operations at Disney’s
theme parks and resorts throughout the world. Under Mr. Weiss’
leadership, Disney’s Parks and Resorts division experienced double-digit
revenue growth and improved profitability, while maintaining an
outstanding guest experience at every Disney resort and theme park.
Prior to serving as president of worldwide operations for Walt Disney
Parks and Resorts, Mr. Weiss served as president of the Walt Disney
World Resort in Lake Buena Vista, Fla. He began his career as a cast
member at Walt Disney World, and rose through the ranks to become one of
Disney’s most senior leaders.
An active community and business leader, Mr. Weiss was appointed by the
U.S. Secretary of Commerce to the board of directors of the Corporation
for Travel Promotion, where he worked with other industry leaders to
promote travel to the United States. In addition, Mr. Weiss serves as a
member of numerous civic, community and business groups, including: the
governor’s council of the Metro Orlando Economic Development Commission;
the advisory board of directors of SunTrust Bank, Central Florida; the
board of trustees of the Sanford-Burnham Institute for Medical Research;
and the advisory board of Give Kids the World. Previously, Mr. Weiss
served as chairman of the board of the University of Central Florida
Foundation, and is a past member of the UCF board of trustees.
Mr. Weiss is the recipient of numerous business, community and volunteer
awards. In 2005, he was named “Most Influential Businessman in Central
Florida,” by the Orlando Business Journal. In addition, he has
been recognized by Pop Warner Football, the University of Central
Florida, and the Rollins College Crummer Graduate School of Business for
his accomplishments as a business and community leader. Mr. Weiss is a
graduate of the University of Central Florida, and received his MBA from
the Crummer Graduate School of Business at Rollins College.
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 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 is authorized to provide programs and services in
41 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 http://www.apollogrp.edu.
Source: Apollo Group, Inc.
Apollo Group, Inc.
Media Hotline, 602-254-0086
Beth Coronelli, 312-660-2059