Apollo Group (APOL) Subsidiary Announces Executive Changes

November 17, 2009 7:17 AM EST

Apollo Global, a majority-owned subsidiary of Apollo Group, Inc. (NASDAQ: APOL) today announced the following executive appointments effective immediately:

• John Baule has joined Apollo Global as Chief Operating Officer and Chief Financial Officer, reporting to President, Jeff Langenbach. Baule will oversee the operations, strategy, and financial planning for the company's subsidiaries - working closely with the leaders of those business units to achieve their long-range goals. Baule most recently served as the COO & CFO of publicly-traded K12 Inc. Baule brings extensive international experience to this new role having spent five years as CFO of global technology consulting firm Headstrong (previously James Martin & Co.) and nine years with Bristol-Myers Squibb, including six years as an expatriate in the Philippines and in Hong Kong. Baule began his career as an auditor with KPMG Peat Marwick.
  
  
• Mehul Patel, who joined Apollo Global as Chief Marketing Officer in June, 2009, will assume added responsibility as the company's Chief Administrative Officer - also reporting to President, Jeff Langenbach. In this capacity, Patel will oversee the company's marketing, integration, enrollment, academic affairs, technology, and human resources functions. Prior to joining Apollo Global, Patel was the President of Kaplan Professional Publishing, a division of Kaplan, Inc. In addition, Patel held prior management positions at other education companies including Thomson Learning and UNext. Patel began his career at Leo Burnett, a global marketing and advertising firm.

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