HERNDON, Va., Sep 29, 2010 (BUSINESS WIRE) --
K12 Inc. (NYSE:LRN) announced today that Dr. Craig Barrett, retired
CEO/Chairman of the Board of Intel Corporation, has joined the Company's
board of directors.
Dr. Barrett joined Intel in 1974 and is credited with perfecting the
manufacturing process for Intel's powerful microprocessors. He retired
from his position as Chairman in 2009.
Dr. Barrett is a well-known advocate for improving education
opportunities for children, raising achievement levels, and promoting
academic excellence. He is the chair of Change the Equation, a
nationwide initiative to bolster innovation in education and improve
science, technology, engineering, and math (STEM) education for every
child. He is also co-chair of Achieve, Inc., a national organization
that helps states improve the quality of testing, accountability, and
academic rigor in schools. He is co-chair of the National Association of
Business' (NAB) Coalition for Excellence in Education and served on the
National Commission on Mathematics and Science Teaching for the 21st
Century. He is also president and chair of Basis Schools Inc., a charter
school system located in Arizona whose high schools rank among the best
in the U.S.
Dr. Barrett has testified before Congress on ways to improve education
outcomes and advised the President of the U.S. on education issues.
"K12 is excited and honored to have Craig join the Company's board,"
said Ron Packard, founder and CEO of K12 Inc. "He is passionate about
improving education and expanding opportunities for children.
Additionally, his experience managing an extraordinarily successful
technology company will be valuable to K12 as we continue to grow and
remain the nation's leader in K-12 online education."
Andrew Tisch, K12's Chairman of the Board, said, "We are thrilled to
have a person with Craig's experience and stature join K12's board of
directors. He brings a wealth of knowledge and talent to our team and a
deep commitment to the mission of delivering an excellent education to
every child."
Dr. Barrett earned a Ph.D. in materials science from Stanford University
and was a member of its faculty for 10 years. He continues to serve as
an advisor at Stanford.
About K12 Inc.
K12 Inc. (NYSE:LRN), a technology-based education
company, is the nation's largest provider of proprietary curriculum and
online education programs for students in kindergarten through high
school. K12 provides its curriculum and academic services to public and
private online schools, traditional classrooms, hybrid school programs,
and directly to families. K12 also operates the K12International
AcademyTM, an accredited, diploma-granting online private
school serving students in 59 countries plus the U.S.
In April 2010, K12 joined with Middlebury College to form a new venture
called Middlebury Interactive Languages to create and distribute
innovative online language courses for pre-college students. In July
2010, K12 acquired KC Distance Learning, Inc., a nationally recognized
leader in online learning with brands that provide high quality
education products and online school solutions: Aventa LearningTM,
The KeystoneTM School and iQ Academies(R).
Founded in 2000, K12 has provided over 1.5 million courses - core
subjects, AP(R), world languages, credit recovery, and electives - to more
than 200,000 students worldwide. Over 95 percent of parents surveyed are
satisfied with the K12 program and agree that their children have
benefited academically with K12. Students graduating from K12 virtual
schools have been accepted to hundreds of higher education institutions
including many of the nation's top-ranked colleges and universities.
K12 is accredited through AdvancED, the world's largest education
community. Additional information on K12 can be found at: www.K12.com
© 2010 K12Inc. K12 and
iQ Academies are registered trademarks, and the K12 logo,
Aventa Learning, Keystone and K12 International
Academy are trademarks of K12 Inc. or its subsidiaries. All other
trademarks are the property of their respective owners.
SOURCE: K12 Inc.
K12 Inc.
Jeff Kwitowski
Vice President, Public Affairs
(703) 483-7281
jkwitowski@k12.com