News Releases
Forbes Names Capella Education Company One of The 100 Most Trustworthy Companies
The parent company of Capella University was honored for solid corporate governance and management, and transparent and conservative accounting practices
MINNEAPOLIS, April 20, 2010 - Capella Education Company (NASDAQ: CPLA), a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University, has been selected by Forbes as one of "The 100 Most Trustworthy Companies."
Forbes compiles its list from rankings provided by Audit Integrity, which rates companies on such qualities as corporate governance, management practices, and the transparency and accuracy of their financial reporting.
"We're honored that our strong management and accounting practices have earned us a place on Forbes' list of The 100 Most Trustworthy Companies," said Kevin Gilligan, chairman and CEO of Capella Education Company. "Capella University has received recognition for educational accountability and transparency practices, and we're pleased to have gained similar notice for our corporate practices."
About Capella Education Company
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, counseling, education, human services, information technology, nursing, psychology, public administration, public health, public safety, and social work, and bachelor's degree programs in business, information technology, nursing, psychology, 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 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.
