U. of Phoenix Founder to Retire

U. of Phoenix Founder to Retire

December 18, 2012

John Sperling, who founded the Apollo Group and its University of Phoenix in 1972, will retire as executive chairman of the company's board of directors at the end of this month, Apollo announced this week. Sperling, who is 91, was in his 50s when he gave up a position as a tenured professor of history to run his new academic program for working adults. His son, Peter Sperling, will take over as the board's chairman.


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