HERNDON, Va.--(BUSINESS WIRE)--Jun. 28, 2012--
K12 Inc., the nation’s leading provider of proprietary curricula and
online education programs for students in kindergarten through high
school, today announced that on June 28, 2012, the Board of Directors
(the “Board”) of K12 Inc. appointed Nathaniel A. Davis as Chairman of
the Board. Mr. Davis has been an independent member of the Board since
2009, is a member of the Audit Committee, and has served as Chairman of
the Compensation Committee for the past year.
Mr. Davis is currently managing director of RANND Advisory Group, where
he provides consulting services to technology and media companies. He
previously was Chief Executive Officer, President and a board member of
XM Satellite Radio. Prior to XM Satellite Radio, Mr. Davis was President
and Chief Operating Officer, and board member of XO Communications Inc.
Mr. Davis has also held senior executive positions at Nextel
Communications, MCI Telecommunications, and MCI Metro. Mr. Davis
received an M.B.A. from the Wharton School of the University of
Pennsylvania, an M.S. in Engineering Computer Science at the Moore
School of the University of Pennsylvania, and a B.S. in Engineering from
Stevens Institute of Technology.
Andrew H. Tisch has served on the Board since 2001 and as its Chairman
since 2007. He will continue on the Board as the new Chairman of the
Compensation Committee replacing Mr. Davis, who will remain as a member
of the Compensation Committee. Mr. Tisch is deeply committed to K12's
mission of providing children with an individualized education to
succeed in life. Given other obligations and demands on his time, Mr.
Tisch determined that it was in the best interest of the Company and its
shareholders to relinquish the Chairman's role after five years.
About K12 Inc.
K12 Inc. (NYSE: LRN), a technology-based education company, is the
nation’s largest provider of proprietary curricula and online education
programs for students in kindergarten through high school. Using 21st
century tools to prepare 21st century students, K12
provides the broadest array of options for students to learn in a
flexible and innovative way, at an individualized pace. K12 provides
curricula and academic services to public and private schools and
districts, traditional classrooms, blended school programs, and directly
to families. K12 is accredited through AdvancED, the world’s
largest education community. Additional information on K12
for schools and districts can be found at www.K12.com/educators.
© 2012 K12 Inc. K12
is a registered trademark, and the K12 logo is
a trademark of K12 Inc. All other trademarks
are the property of their respective owners.
Source: K12 Inc.
Christi Parker, 703-483-7077
SVP, Public Affairs