MINNEAPOLIS, March 26, 2010 - Capella Education Company (NASDAQ: CPLA), a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University, announced today that Dr. Michael Offerman, EdD, Capella’s president emeritus and current vice chairman of external university initiatives, has been named interim president of Capella University. Dr. Offerman served as president of Capella University from 2001 to 2007. He replaces Dr. Christopher Cassirer, ScD, MPH, who resigned the presidency for personal reasons and will be leading special projects for the university.
"We feel fortunate that Dr. Cassirer will be applying his talents to a new role, and that Dr. Offerman has agreed to lead the university while we conduct a search for a new president," said Kevin Gilligan, chairman and CEO of Capella Education Company. "Mike helped establish Capella as a leader in higher education quality and accountability. It will be a seamless transition as he steps back into his former role."
Founded in 1991, Capella Education Company 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 health, and public safety, and bachelor's degree programs in business, information technology, 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 39 graduate and undergraduate degree programs with 129 specializations and more than 2,050 courses. Nearly 34,000 learners were enrolled as of Dec. 31, 2009. For more information about Capella Education Company, please visit http://www.capellaeducation.com. For more information, 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, Capella Tower, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1-888-CAPELLA (227-3552), www.capella.edu.