MINNEAPOLIS, July 27, 2007 — Paul Schroeder, Senior Vice President of Operations & Business Transformation for Capella Education Company, has informed us of his decision to resign effective August 20. In more than six years with Capella, Paul has held a number of senior management positions within Capella University and its parent company.
About Capella University
Founded in 1993, Capella University is an accredited,* online university that offers graduate degree programs in business, information technology, education, human services, public safety, and psychology, and bachelor's degree programs in business, information technology, and public safety. Within those areas, Capella currently offers 89 graduate and undergraduate specializations and 16 certificate programs. The online university currently serves more than 19,000 students from all 50 states and 56 countries. It is committed to providing high-caliber academic excellence and pursuing balanced business growth. Capella University is a wholly-owned subsidiary of Capella Education Company (NASDAQ: CPLA), headquartered in Minneapolis. 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), http://www.ncahlc.org.
Capella University, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1-888-CAPELLA (227-3552).