Title

Apollo Group Founder's Nice Retirement Package

January 21, 2013
 

The retirement package for John Sperling, the recently retired founder of the Apollo Group (parent company of the University of Phoenix) "likely won’t do the company any favors on the PR front," The Wall Street Journal reported. Sperling will receive $5 million in a "special retirement bonus," an annuity of $70,833.33 a month, ownership of two Apollo vehicles he used while he was chairman and "reasonable out-of-pocket” medical- and dental-care coverage.

 
+ -

Expand commentsHide comments  —   Join the conversation!

Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

What Others Are Reading

  • Viewed
  • Past:
  • Day
  • Week
  • Month
  • Year
Back to Top