Corinthian Colleges Names Leon Panetta to Board of Directors
SANTA ANA, Calif., April 30, 2013 (GLOBE NEWSWIRE) -- Corinthian Colleges,
Inc. (Nasdaq:COCO) today announced that the Honorable Leon Panetta, a former
U.S. Secretary of Defense and Director of the Central Intelligence Agency, was
unanimously appointed to the company's Board of Directors April 27.
"We are pleased and honored to welcome Leon back to our Board," said Jack D.
Massimino, Corinthian's Chairman and Chief Executive Officer."He knows
Corinthian and has seen first-hand our commitment to quality career education.
During three decades of public service, Leon has demonstrated extraordinary
intelligence, judgment and character. We are proud that Corinthian can once
again call upon his experience and insight."
Secretary Panetta, 74, served in the Obama Administration as U.S. Secretary of
Defense from 2011 to 2013 and as Director of the Central Intelligence Agency
from 2009 to 2011, a time of numerous military and foreign policy
challenges.Previously, he was White House Chief of Staff and Director of the
Office of Management and Budget under President Bill Clinton.For 16 years,
from 1977 to 1993, Secretary Panetta was a member of the U.S. House of
Representatives representing California's 16^th district, which included
Monterey, San Benito, and parts of San Luis Obispo and Santa Cruz.
Secretary Panetta and his wife Sylvia founded and currently co-direct the Leon
and Sylvia Panetta Institute for Public Policy, located at California State
University, Monterey Bay.He has served as a Distinguished Scholar to the
Chancellor of the CSU system, and as a member of the Board of Trustees and a
Presidential Professor at Santa Clara University. Secretary Panetta previously
served on the Corinthian Colleges Board of Directors from 2008 to 2009.
All members of Corinthian's Board of Directors serve one-year terms and will
stand for election at the company's annual shareholders meeting in November,
Corinthian is one of the largest post-secondary education companies in North
America. Our mission is to change students' lives. We offer diploma and degree
programs that prepare students for careers in demand or for advancement in
their chosen fields. Our program areas include health care, business, criminal
justice, transportation technology and maintenance, construction trades and
information technology. We have 113 Everest, Heald and WyoTech campuses, and
also offer degrees online. For more information, go to http://www.cci.edu.
Anna Marie Dunlap
SVP Investor Relations
VP Public Affairs Communications
Corinthian Colleges, Inc. Logo
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