SANTA ANA, Calif., April 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Corinthian Colleges, Inc. (Nasdaq: COCO) reported today that Richard Lee Cochran Jr., executive vice president, admissions, has left the Company, effective immediately. Cochran joined Corinthian in October 2006.
The search for a new admissions executive will begin immediately. Until a permanent replacement can be found, the Company's admissions leadership will return to its previous reporting relationships within each division, with oversight from Peter Waller, Corinthian's president and chief operating officer.
Separately, the Company reconfirmed its previous guidance that start growth would be relatively flat in the FY 07 third quarter compared with the same quarter of the prior year. The Company will report its third quarter results on May 1, 2007 prior to market open, as previously scheduled.
About Corinthian Colleges, Inc.
Corinthian Colleges is one of the largest post-secondary education companies in North America, operating 94 schools in 24 states in the U.S. and 32 schools in seven provinces in Canada. The Company's mission is to prepare students for careers in demand or for advancement in their chosen career. Corinthian offers diploma programs and associates, bachelor's, and master's degrees in a variety of fields, including healthcare, transportation technology, criminal justice, business, information technology and trades.Contacts: Investors: