Tuesday, April 30, 2013

Corinthian Colleges, Inc. (COCO) Welcomes Former Secretary of Defense to Board of Directors


Former U.S. Secretary of Defense and CIA Director, the Honorable Leon Panetta, is joining Corinthian Colleges’ Board of Directors. Secretary Panetta was unanimously appointed on April 27. Secretary Panetta previously served on the Corinthian Colleges Board of Directors from 2008 to 2009.

“We are pleased and honored to welcome Leon back to our Board,” remarked Jack D. Massimino, Corinthian’s Chairman and Chief Executive Officer. “He knows Corinthian and has seen first-hand our commitment to quality career education. During three decades of public service, Leon has demonstrated extraordinary intelligence, judgment and character. We are proud that Corinthian can once again call upon his experience and insight.”

Secretary Panetta, 74, a notable figure in Washington, D.C., served the U.S. government in various capacities for almost 40 years. During the Obama Administration, he was the U.S. Secretary of Defense from 2011 to 2013 and Director of the CIA from 2009 to 2011. He served under former president Bill Clinton as the White House Chief of Staff and Director of the Office of Management and Budget. From 1977 to 1993, Secretary Panetta was a member of the U.S. House of Representatives representing California’s 16th district, which included Monterey, San Benito, and parts of San Luis Obispo and Santa Cruz.

Secretary Panetta and his wife Sylvia founded and currently co-direct the Leon and Sylvia Panetta Institute for Public Policy at California State University, Monterey Bay. He is a Distinguished Scholar to the Chancellor of the CSU system, and as a member of the Board of Trustees and a Presidential Professor at Santa Clara University.

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