Digiovanni Leaves Corinthian Colleges
28 Avril 2004 - 2:47PM
PR Newswire (US)
Digiovanni Leaves Corinthian Colleges SANTA ANA, Calif., April 28
/PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. today announced
that Anthony Digiovanni, president and chief operating officer, has
elected to leave the company. David G. Moore, Corinthian's chairman
and chief executive officer, will assume the duties of the office
of the president while a search for a successor is conducted.
"During his time with Corinthian, Tony Digiovanni has been involved
in growing our core business as well as expanding our online
programs and the integration of the acquisitions we completed last
August. We all wish Tony well as he pursues other interests, and we
thank him for his contributions to Corinthian over the past 17
months," Moore said. Digiovanni joined Corinthian in November 2002
from Apollo Group, Inc., where he had served as executive vice
president of Apollo Group, Inc. About Corinthian Colleges, Inc.
Corinthian Colleges, Inc. is one of the largest post-secondary
education companies in North America, and serves the large and
growing segment of the population seeking to acquire
career-oriented education to become more qualified and marketable
in today's increasingly demanding workplace. Corinthian's colleges
offer master's, bachelor's and associate's degrees and diploma
programs in a variety of fields, with a concentration on careers in
healthcare, business, criminal justice and technology. Excluding
the two LTU continuing education centers expected to close in the
fourth quarter of fiscal 2004 that will end June 30, 2004,
Corinthian operates 87 colleges in 21 states in the U.S., and 46
colleges and 15 corporate training centers in seven Canadian
provinces. Certain statements in this press release may be deemed
to be forward- looking statements under the Private Securities
Litigation Reform Act of 1995. The company intends that all such
statements be subject to the "safe-harbor" provisions of that Act.
Such statements include, but are not limited to, the company's
discussion of commencing an executive search. Many important
factors may cause the company's actual results to differ materially
from those discussed in any such forward-looking statements,
including general changes in the economic climate in the U.S. and
Canada, the effectiveness of the company's leadership transition
plans, and other risks and uncertainties described in the company's
filings with the Securities and Exchange Commission. The historical
results achieved by the company are not necessarily indicative of
its future prospects. The company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
DATASOURCE: Corinthian Colleges, Inc. CONTACT: Dennis Beal,
EVP/CFO, Ext. 432, or Diane Donohue, Director, IR/PR, Ext. 359,
both of Corinthian Colleges, Inc., +1-714-427-3000; or Cecilia
Wilkinson or Rosemary Moothart, both of PondelWilkinson Inc.,
+1-323-866-6060, for Corinthian Colleges, Inc. Web site:
http://www.cci.edu/
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