MINNEAPOLIS - (Business Wire) Capella Education Company, a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University, announced today that Kyle Carpenter has been appointed to the position of senior vice president of strategy and business development. Carpenter will be responsible for the company’s annual strategic planning process as well as operational leadership of Capella's business development activities, including learning strategies, external relations, future learning technologies, alliances and acquisitions, and new growth platforms. Carpenter brings more than 30 years of business strategy and development experience to his new role. He most recently served as president and CEO of Boxcar Holdings LLC, a private equity firm with holdings in the entertainment, real estate, and printing industries. Previously, Carpenter served as president & CEO of Electrosonic Group, an international business providing comprehensive digital media solutions and services; and held numerous vice president roles at Honeywell, an international business leader in diversified technology and manufacturing.
“As a leader in online education with the reputation of providing quality education for adult professionals, Capella must continually focus on improvement and innovation,” said Kevin Gilligan, CEO of Capella Education Company. “The newly created leadership position for strategy and business development underscores our commitment to delivering sustainable, long-term growth and providing our students with an excellent learning experience. I am very excited to have Kyle join Capella's executive leadership team, a proven leader with a success record of creating strategic clarity and optimizing business performance.”
Carpenter earned his bachelor's degree from Duke University, and also has completed management programs at Harvard University and Aspen Institute. He serves on the board of directors of the Harlem Globetrotters, Twin Cities Public Television, and CompView Systems, where he currently serves as executive chairman.
About Capella Education Company
Founded in 1991, Capella Education Company (NASDAQ: CPLA) is a national leader in online education and parent company of Capella University, a regionally accredited* online university. Capella University offers graduate degree programs in business, information technology, education, human services, psychology, public administration, public health, and public safety, and bachelor's degree programs in business, information technology, public administration, and public safety. These academic programs are designed to meet the needs of working adults, combining high quality, competency-based curricula with the convenience and flexibility of an online learning format. Currently, Capella University offers 28 graduate and undergraduate degree programs with 123 specializations and more than 1050 courses. More than 28,000 learners were enrolled as of March 31, 2009. For more information about Capella Education Company, please visit http://www.capellaeducation.com. For more information about Capella University, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552).
* Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), www.ncahlc.org.
Capella University, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1-888-CAPELLA (227-3552), www.capella.edu.
Learn more about earning an online degree at Capella University:
online education (http://www.capella.edu/online_education.aspx)
distance learning (http://www.capella.edu/distance_learning.aspx)
online university (http://www.capella.edu/online_university.aspx)
Capella Education Company
Media Contact:
Irene Silber, 612-977-4132
Irene.Silber@capella.edu
or
Investor Contact:
Heide Erickson, 612-977-5172
Heide.Erickson@capella.edu
