People: Corinthian Colleges Inc (COCO.O)
COCO.O on Nasdaq
13.37USD
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13.37USD
10:38am EST
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$-0.17 (-1.26%)
$-0.17 (-1.26%)
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Massimino, Jack | 60 | 2009 | Executive Chairman of the Board |
| Waller, Peter | 55 | 2009 | Chief Executive Officer, Director |
| Ouimet, Matthew | 51 | 2009 | President, Chief Operating Officer |
| St. Pierre, Paul | 64 | 2003 | Vice Chairman of the Board |
| Ord, Kenneth | 63 | 2005 | Chief Financial Officer, Executive Vice President |
| Mortensen, Stan | 42 | 2009 | Executive Vice President, General Counsel, Corporate Secretary |
| Buchanan, William | 43 | 2004 | Executive Vice President - Marketing |
| Wilson, Beth | 57 | 2001 | Executive Vice President - Operations |
| Pelesh, Mark | 55 | 2003 | Executive Vice President - Legislative and Regulatory Affairs |
| Owen, Robert | 48 | 2005 | Senior Vice President, Chief Accounting Officer |
| Poldoian, David | 56 | 2008 | Chief Business Development Officer |
| Hartshorn, Terry | 64 | 2008 | Lead Independent Director |
| Skladany, Linda | 64 | 1999 | Director |
| Adler, Hank | 63 | 2004 | Director |
| Kane, Alice | 61 | 2005 | Director |
| Lee, Robert | 61 | 2006 | Director |
| Sullivan, Timothy | 65 | 2008 | Director |
| Dionisio, John | 61 | 2008 | Director |
Biographies
| Name | Description |
|---|---|
| Massimino, Jack | Mr. Jack D. Massimino has been Executive Chairman of the Board of Corinthian Colleges, Inc. since July 2009. He served as Chief Executive Officer of the company from November 2004 through June 2009. In addition, he was Chairman of the Board from August 2008 through June 2009. He was previously a member of the Board of Directors and a member of the Audit and Compensation Committees of the Board. Prior to joining the company, Mr. Massimino was retired and managed his personal investment portfolio. Previously, he was President and Chief Executive Officer of Talbert Medical Management Corporation, a publicly traded physician practice management company from 1995 through late 1997. Prior to his association with Talbert, Mr. Massimino was Executive Vice President and Chief Operations Officer of FHP International Corporation, a multi-state, publicly-traded HMO, with revenues of approximately $4 billion at the time of his service. He also served in other executive positions after joining FHP in 1988, including Senior Vice President and Vice President, Corporate Development. Prior to such time, Mr. Massimino held other executive positions in the healthcare field starting in the mid-1970’s. He received a Bachelor of Arts in Psychology from California Western University and earned a Master’s Degree in Management from the American Graduate School for International Management. |
| Waller, Peter | Mr. Peter C. Waller was appointed to the Board of Directors of Corinthian Colleges, Inc. in August 2008. Mr. Waller is currently the Chief Executive Officer of the Company, a position he has held since July 1, 2009. He was the Company’s President and Chief Operating Officer from February 2006 to June 30, 2009. Prior to joining the Company, Mr. Waller served as an executive partner at ThreeSixty Sourcing Inc., a global consumer product sourcing firm he joined in 2001. Prior to that, Mr. Waller served as president of Taco Bell Corp., where he had profit-and-loss responsibility for 7,000 owned and franchised stores with approximately $5 billion in sales. He first joined Taco Bell in 1996 as chief marketing officer. Prior to Taco Bell, Mr. Waller spent twenty years in positions of increasing responsibility with companies such as Procter and Gamble, Gillette/Braun and PepsiCo. Mr. Waller earned Bachelor and Master of Arts degrees in modern history from St. Catherine’s College of Oxford University. Mr. Waller serves on the Board of Directors of Websense, Inc. |
| Ouimet, Matthew | Mr. Matthew A. Ouimet is President, Chief Operating Officer of Corinthian Colleges, Inc. since in July 2009. Mr. Ouimet joined Corinthian in January 2009 as Executive Vice President, Operations. Prior to joining Corinthian, Mr. Ouimet served as President, Hotel Group for Starwood Hotels & Resorts Worldwide, one of the world’s largest hotel and leisure companies. Prior to his association with Starwood, Mr. Ouimet served in a number of key roles of increasing responsibility between 1989 and 2006 at Walt Disney Parks and Resorts. Between 1998 and 2006, Mr. Ouimet held the executive positions of President, Disney Cruise Line; Senior Vice President, New Business Development; and President, Disneyland Resort. Mr. Ouimet holds a Bachelor of Science degree in Accounting from Binghamton University in New York. |
| St. Pierre, Paul | Mr. Paul R. St. Pierre is Vice Chairman of the Board of Corinthian Colleges, Inc. He served as Corinthian’s Executive Vice President, Marketing & Admissions until his retirement in June 2003. Mr. St. Pierre has been a member of the Board of Directors since the Company’s inception in July 1995, and was elected Vice Chairman of the Board of Directors in January 2003. Mr. St. Pierre is a member of the Compensation and Nominating and Corporate Governance Committees of the Board of Directors. Prior to the Company’s founding in 1995, he was employed by a subsidiary of National Education Corporation (“NEC”) from 1991 to 1995. His first assignment at NEC was as School President for its San Bernardino, California campus. Subsequently, he held corporate assignments as Director of Special Projects, Vice President of Operations for the Learning Institutes Group (the largest colleges owned by NEC) and as Vice President, Marketing & Admissions for NEC. |
| Ord, Kenneth | Mr. Kenneth S. Ord became Executive Vice President and Chief Financial Officer of Corinthian Colleges, Inc. in February 2005. Mr. Ord brings more than 30 years of financial experience to his position from publicly traded companies in the healthcare, staffing services and automotive industries. Mr. Ord was the Chief Financial Officer at Alliance Imaging, Inc. from 1998 to 2004. Previously he was the Chief Financial Officer of Talbert Medical Management Corporation during 1997 and he was the Chief Financial Officer of FHP International Corporation from 1994 to 1997. Prior to his experience at FHP, Mr. Ord held several successively responsible positions at Kelly Services Inc, including Treasurer, Controller and Vice President Finance. He began his career at Ford Motor Company, working in various financial roles, ranging from financial controls to profit analysis. Mr. Ord holds a Master’s in Business Administration from Brigham Young University. |
| Mortensen, Stan | Mr. Stan A. Mortensen serves as Executive Vice President, General Counsel and Corporate Secretary of Corinthian Colleges, Inc. since May 2009. Prior to his appointment as Executive Vice President, Mr. Mortensen served as Senior Vice President, General Counsel and Corporate Secretary from August 2002, and as Vice President, General Counsel and Corporate Secretary starting in January 2000. Prior to that time, Mr. Mortensen was an attorney at the law firm of O’Melveny & Myers LLP from 1997 through 1999, where his practice focused on securities law, corporate finance, mergers and acquisitions, and general corporate matters. From 1994 through 1996, Mr. Mortensen was an attorney at the law firm of Robins, Kaplan, Miller & Ciresi, where his practice focused on commercial litigation. Mr. Mortensen received a Juris Doctorate and a Bachelor of Arts in Political Science from Brigham Young University. |
| Buchanan, William | Mr. William B. Buchanan became Executive Vice President of Marketing of Corinthian Colleges, Inc. in July 2004. From 2003 to 2004, Mr. Buchanan was employed by Greenpoint Mortgage, where he directed all retail marketing, with responsibility for direct marketing, internet marketing, advertising and branch marketing. From 1995 to 2002, Mr. Buchanan was employed by Providian Financial Corporation where he progressed through several senior marketing roles, including Vice President of Platinum Marketing, Senior Vice President of New Account Business, and Executive Vice President of New Channel and Product Development. Mr. Buchanan received a Bachelor of Arts in Political Science from the University of California, Berkeley. |
| Wilson, Beth | Ms. Beth A. Wilson has been employed by Corinthian Colleges, Inc. since inception in July 1995 and was promoted to Executive Vice President in July 2001 and oversees all operational support for accreditation and licensure, curriculum development and quality control, career services, human resources, real estate, facilities and purchasing. Previously, Ms. Wilson was Vice President of Operations from June 1998 to June 2001. Ms. Wilson was Regional Operations Director for Rhodes Colleges, Inc. from May 1997 to June 1998. From July 1995 to May 1997 she was Operations Director and Regional Operations Director for Corinthian Schools, Inc. Ms. Wilson was employed by NECI from 1991 to 1995, initially as Executive Director of its Capital Hill campus, then as Area Operations Manager. From 1990 to 1991, she was Vice President, Branch Operations for National College. She was employed by United Education and Software from 1984 to 1990, initially as Executive Director of a business school, then as Group Manager for four to fifteen locations and finally as Vice President, Administration. She was Scholarship Administrator for National University from 1982 to 1984 and Assistant Director of American Business College from 1976 to 1981. Additionally, between 1999 and 2003, and again starting in July 2008 to the present, Ms. Wilson has served as a Commissioner for ACCSCT. Ms. Wilson earned a Master’s of Business Administration from National University and a Bachelor of Arts degree from California State College, Sonoma. |
| Pelesh, Mark | Mr. Mark L. Pelesh became Executive Vice President for Legislative and Regulatory Affairs of Corinthian Colleges, Inc. in September 2003. Prior to joining the company, he was a partner in the firm of Drinker Biddle & Reath LLP in Washington, DC, where he was the head of the Education Law Group. His practice focused on federal and state laws and regulations and private accreditation requirements affecting postsecondary educational institutions. Prior to joining Drinker Biddle & Reath, Mr. Pelesh was a partner and associate in the firm of Cohn and Marks and an associate in the firm of Arnold & Porter, both of which are in Washington, DC. Mr. Pelesh received a Juris Doctorate degree from the Yale Law School in 1978 and a Bachelor of Arts degree with distinction and honors in History from Stanford University in 1975. |
| Owen, Robert | Mr. Robert C. Owen serves as Senior Vice President and Chief Accounting Officer of Corinthian Colleges, Inc. since February 2005. He joined Corinthian in 2004 as Vice President and Controller, and has more than 20 years experience in industry and public accounting. Previously, he served as Vice President, Controller for Princess Cruise Lines and as Assistant Controller for Royal Caribbean Cruises Ltd. Mr. Owen began his career at Deloitte & Touche, where he spent 11 years in successively responsible positions, both in the U.S. and Canada. Mr. Owen earned a B.B.A. degree in accounting from Florida Atlantic University. He obtained his license as a Certified Public Accountant in Florida in 1985 and as a Chartered Accountant in Ontario, Canada in 1994. |
| Poldoian, David | Mr. David A. Poldoian joined the Corinthian Colleges, Inc in November 2004, as President and Chief Operating Officer of the Online Learning division and in January 2008, he was appointed Chief Business Development Officer. Prior to joining Corinthian, Mr. Poldoian spent nine years with the Anheuser-Busch Companies beginning in 1995, initially serving as President of its Eagle Snacks, Inc. division and later reporting directly to the Chairman and Chief Executive Officer. Mr. Poldoian was Vice President and Partner with Bain & Company, a strategic consulting firm, from 1986 to 1995. Mr. Poldoian completed a Bachelor of Arts degree at Tufts University, and earned a Master of Business Administration from Harvard Business School. |
| Hartshorn, Terry | Mr. Terry O. Hartshorn was appointed to the Board of Directors of Corinthian Colleges, Inc. on September 21, 2005, and is currently the lead independent director of the Board. Mr. Hartshorn is a member of the Audit and the Compensation Committees of the Company’s Board of Directors. Mr. Hartshorn was a member of the Board of Directors of PacifiCare Health Systems, Inc. from March 1985 until PacifiCare was purchased by UnitedHealth Group in December 2005. He was Chairman of the Board of PacifiCare from 1993 to 1998. He was President and Chief Executive Officer of UniHealth from 1994 to 1997. Mr. Hartshorn also served as President and Chief Executive Officer of PacifiCare from 1976 to 1993 and Secretary of PacifiCare from 1977 to 1981. Since 1997, Mr. Hartshorn has been an investor, advisor and personal coach for start-up and early stage companies in a variety of industries and serves as a director of LifeScript. |
| Skladany, Linda | Ms. Linda Arey Skladany, Esq. is Director of Corinthian Colleges, Inc. She became member of the Board of Directors effective upon the completion of Corinthian’s initial public offering in February 1999. She is a member of the Compensation Committee and the Chairperson of the Nominating and Corporate Governance Committee of the Board. Ms. Skladany retired in April 2003 from her position as Senior Associate Commissioner, the Office of External Relations at the United States Food and Drug Administration, a position she had held since June 2002. Prior to that time, she was Vice President for Congressional Relations at Parry, Romani, DeConcini & Symms, a Washington D.C. lobbying firm, from 1995 to June 2002. Ms. Skladany has previously served a four-year term on the Board of Visitors of the College of William and Mary. |
| Adler, Hank | Mr. Hank Adler has served on the Board of Directors of Corinthian Colleges, Inc. since August 2004. He is the Chairperson of the Board’s Audit Committee and a member of the Compliance Committee. Mr. Adler is currently an assistant professor of accounting at Chapman University. He was previously a partner with Deloitte & Touche, LLP, from which he retired in 2003 after 30 years with that firm. He specialized in tax accounting and served as client service and tax partner for a variety of public and private companies. Mr. Adler is a certified public accountant, licensed in the State of California. Mr. Adler is a board member of KBS REIT and KBS REIT II, and was previously a board member of Hoag Hospital Memorial Presbyterian. |
| Kane, Alice | Ms. Alice T. Kane is Director of Corinthian Colleges, Inc. since July 12, 2005. She is a member of the Audit Committee and is the Chairperson of the Compensation Committee of the Board of Directors of the Company. Ms. Kane has more than 30 years of experience in the financial services industry. Ms. Kane is currently the General Counsel of North America for the Zurich Financial Services Group, a position she has held since October 2005. Prior to joining Zurich, she co-founded Q-Cubed Alternative Advisor LLC, a quantitative equity hedge fund, where she was Chair and Managing Director from September 2004 to October 2005. From September 2002 to March 2004, Ms. Kane was Chairman of Blaylock Asset Management, a start-up minority- and women-owned institutional manager. Starting in 1998, Ms. Kane served as Chairman and President of three mutual fund and variable annuity businesses with combined assets of over $30 billion with American General Financial Group. She began her career at New York Life Insurance Company in 1972, where she ultimately served as Executive Vice President of its $40 billion asset management business and as a member of the executive management committee. She also served as Executive Vice President and General Counsel of New York Life from 1986 to 1995. Ms. Kane was formerly a member of the National Association of Securities Dealers (NASD) Board of Governors. Ms. Kane is also a director of Guess?, Inc. |
| Lee, Robert | Mr. Robert Lee is Director of Corinthian Colleges, Inc. since October 31, 2006. Mr. Lee is a member of the Audit and the Nominating and Corporate Governance Committees. Mr. Lee retired from Pacific Bell (“PacBell”) in 1998 after a 26-year distinguished career. At the time of his retirement, Mr. Lee was a Corporate Executive Vice President and President of business communications services. In that role, he was responsible for an operation that generated $3 billion in annual revenue, served one million customers and had 15,000 employees. During his 26-year career at PacBell, Mr. Lee served in a variety of senior marketing and general management positions, including Executive Vice President, California markets group and Executive Vice President, Statewide Markets Group. Mr. Lee is a director of Broadvision and Blue Shield of California. |
| Sullivan, Timothy | Mr. Timothy J. Sullivan is Director of Corinthian Colleges, Inc. since January 24, 2008. Mr. Sullivan was appointed to the Nominating and Corporate Governance Committee of the Company’s Board of Directors in August 2008. Mr. Sullivan is currently president emeritus of the College of William and Mary. His career at the College of William and Mary spans more than 35 years and includes serving for 12 years as its president and, earlier, as dean and as executive director of its law school. Mr. Sullivan earned a bachelor’s degree from the College of William and Mary and a juris doctorate degree from Harvard University. Mr. Sullivan is also a director of TowneBank of the Peninsula. |
| Dionisio, John | Mr. John M. Dionisio was appointed to the Board of Corinthian Colleges, Inc. on April 2008. Mr. Dionisio is a member of the Audit Committee and the Compensation Committee of the Company’s Board of Directors. He is currently president and chief executive officer of AECOM Technology Corp., a NYSE-listed company. During his 36-year career with AECOM and its predecessor companies, Mr. Dionisio held a number of senior management positions, including executive vice president and chief operating officer, as well as president and chief executive officer of its DMJM Harris business. Mr. Dionisio earned a master of science degree in civil engineering from Polytechnic Institute of New York and a bachelor of science degree in civil engineering from The City College of New York. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Massimino, Jack | 4,530,030 |
| Waller, Peter | 2,381,690 |
| Ouimet, Matthew | -- |
| St. Pierre, Paul | 982,763 |
| Ord, Kenneth | 1,567,930 |
| Mortensen, Stan | -- |
| Buchanan, William | 676,774 |
| Wilson, Beth | 1,453,100 |
| Pelesh, Mark | 1,289,640 |
| Owen, Robert | -- |
| Poldoian, David | -- |
| Hartshorn, Terry | -- |
| Skladany, Linda | -- |
| Adler, Hank | -- |
| Kane, Alice | -- |
| Lee, Robert | -- |
| Sullivan, Timothy | -- |
| Dionisio, John | -- |
As Of 29 Jun 2009
Options Compensation
| Name | Options | Value |
|---|---|---|
| Massimino, Jack | 472,000 | 148,580 |
| Waller, Peter | 0 | 0 |
| Ouimet, Matthew | 0 | 0 |
| St. Pierre, Paul | 549,272 | 18,816,260 |
| Ord, Kenneth | 122,500 | 84,525 |
| Mortensen, Stan | 0 | 0 |
| Buchanan, William | 73,750 | 61,250 |
| Wilson, Beth | 599,476 | 2,131,086 |
| Pelesh, Mark | 211,738 | 386,559 |
| Owen, Robert | 0 | 0 |
| Poldoian, David | 0 | 0 |
| Hartshorn, Terry | 0 | 0 |
| Skladany, Linda | 0 | 0 |
| Adler, Hank | 0 | 0 |
| Kane, Alice | 0 | 0 |
| Lee, Robert | 0 | 0 |
| Sullivan, Timothy | 0 | 0 |
| Dionisio, John | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| WALLER PETER C | 2,992 | $14.34 |
| OUIMET MATTHEW A | 1,608 | $13.48 |
| LEE ROBERT | 1,000 | $16.26 |
| WILSON BETH | 19,006 | $7.38 |
| WILSON BETH | 19,006 | $19.50 |
| WILSON BETH | 994 | $19.50 |
| WILSON BETH | 994 | $7.38 |
| PELESH MARK L | 585 | $19.17 |
| BUCHANAN WILLIAM | 670 | $19.17 |
| MORTENSEN STAN A | 447 | $19.17 |
| OWEN ROBERT C | 447 | $19.17 |
| WILSON BETH | 670 | $19.17 |
| WALLER PETER C | 894 | $19.17 |
| ORD KENNETH S | 670 | $19.17 |
| ORD KENNETH S | 670 | $19.11 |
| PELESH MARK L | 585 | $19.11 |
| MASSIMINO JACK D | 894 | $19.11 |
| BUCHANAN WILLIAM | 670 | $19.11 |
| MORTENSEN STAN A | 313 | $19.11 |
| OWEN ROBERT C | 313 | $19.11 |
| WILSON BETH | 670 | $19.11 |
| HARTSHORN TERRY O | 1,500 | $0.00 |
| MORTENSEN STAN A | 7,346 | $0.00 |
| OWEN ROBERT C | 6,922 | $0.00 |
| WALLER PETER C | 15,698 | $0.00 |
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