COCO Vita Coco Company Inc

Corinthian Colleges Appoints David Poldoian to Lead Pegasus Division SANTA ANA, Calif., Nov. 18 /PRNewswire-FirstCall/ -- Corinthian Colleges, Inc. (NASDAQ:COCO) today announced the appointment of David A. Poldoian as president and chief operating officer of its Pegasus Division, which includes the company's corporate education and training programs and the company's hybrid online offerings. Pegasus is also expected to include, over time, the company's university-based online offerings and its internal corporate training operation. "David's outstanding background in strategic planning, new product development and operations management will benefit our company as he leads the expansion of our Pegasus division," said David G. Moore, Corinthian's chairman of the board. "The addition of David underscores our focus on building a team with the experience necessary to evaluate opportunities and guide future growth through the development of new business opportunities." Poldoian brings to the leadership of the Pegasus Division expertise he has gained from more than 25 years of management experience that includes strategic planning, operations, marketing and acquisitions integration. Most recently, he served at Anheuser-Busch, directing the Michelob Ultra product development program from conception through launch, resulting in increased revenue of over $500 million within two years. Previously, Poldoian reported directly to the chairman and chief executive officer of Anheuser-Busch, successfully completing a number of strategic acquisitions and dispositions, financings and operations assignments throughout the world. He joined the company as president of its Eagle Snacks subsidiary. Prior to Anheuser-Busch, Poldoian was a vice president and partner with Bain & Company, a global leader in strategic corporate consulting. Poldoian received a bachelor's of arts degree from Tufts University and a master's of business administration degree from the Harvard Business School. Poldoian has also been an adjunct professor of entrepreneurship at Washington University in St. Louis. 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 health care, business, criminal justice and technology. Corinthian operates 91 colleges in 23 states in the U.S., and 45 colleges (including 10 campuses scheduled to close in fiscal 2005) 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, including the quote from David G. Moore, to be subject to the "safe-harbor" provisions of that Act. Such statements include, but are not limited to, the company's expectations regarding the growth and opportunities at the Pegasus division. Many important factors may cause the company's actual results to differ materially from those discussed in any such forward-looking statements, including the company's ability to successfully transition to new executive leadership; general changes in the economic climate in the U.S.; potential increased competition; possible changes in student perception; changes in demand for curricula offered by the company; potential higher average costs to offer new curricula; the effectiveness of the company's advertising and promotional efforts; the effectiveness of the company's regulatory compliance efforts; and other risks and uncertainties described in the company's filings with the U.S. 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: David G. Moore, Chairman of Corinthian Colleges, Inc., +1-714-427-3000, ext. 216; or Cecilia Wilkinson or Rosemary Moothart both of PondelWilkinson Inc., +1-310-279-5980, for Corinthian Colleges, Inc. Web site: http://www.cci.edu/

Copyright