Apollo Education Group Announces New CFO
October 05 2015 - 6:00PM
Business Wire
Apollo Education Group, Inc. (NASDAQ: APOL) today announced the
promotion of Gregory Iverson to serve as the company’s chief
financial officer, effective October 26, 2015. Mr. Iverson succeeds
Joseph D’Amico, who has been serving as interim CFO since May, and
will report directly to Apollo Education Group Chief Executive
Officer Gregory Cappelli.
“I am pleased to welcome Greg into his new role at Apollo,” said
Mr. Cappelli. “I have had the honor of working closely with Greg
for the past eight years, and he has tremendous capability and
experience. As a trusted and highly valued member of our leadership
team, he will continue to build upon and expand the strong
financial infrastructure and team he has helped develop.”
Greg Iverson, serving as an officer of Apollo Education Group,
is currently vice president of finance, chief accounting officer
and treasurer. He began his tenure at Apollo in April 2007 as vice
president and controller. Prior to joining the organization, he was
the director of financial reporting for US Airways, and director
and assistant controller at EaglePicher Inc. He began his career in
public accounting with Deloitte & Touche and Arthur Andersen.
Iverson holds a bachelor’s degree in business/accounting from the
University of Idaho and is a certified public accountant.
“It is a privilege to take on this new responsibility as CFO,”
said Mr. Iverson. “I have had the opportunity to work with an
extraordinary team at Apollo, and look forward to continuing to
play an active role in supporting the execution of our strategic
vision and the success of working learners through higher
education.”
Mr. Cappelli added, “We have been fortunate to have Joe lead our
financial operations as we conducted a comprehensive search for a
new CFO. Joe has made a significant difference in many areas of our
organization throughout his entire tenure, and I thank him for his
hard work and commitment to Apollo.”
About Apollo Education Group,
Inc.
Apollo Education Group, Inc. is one of the world’s largest
private education providers, serving students since 1973. Through
its subsidiaries, Apollo Education Group offers undergraduate,
graduate, professional development and other nondegree educational
programs and services, online and on-campus principally to working
learners. Its educational programs and services are offered
throughout the United States and in Europe, Australia, Latin
America, Africa and Asia, as well as online throughout the world.
For more information about Apollo Education Group, Inc. and its
subsidiaries visit the Company’s website at www.apollo.edu.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005006722/en/
Apollo Education Group, Inc.Investor Relations
Contact:Beth Coronelli,
312-660-2059beth.coronelli@apollo.eduMedia
Contact:Media Relations Hotline,
602-254-0086media@apollo.edu
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