Higher education leader recognized for continuing to advance ethics and compliance standards with superior compliance program in education.
PHOENIX, January 5, 2015 — Ethisphere, the global leader in defining and advancing the standards of ethical business practices and the provider of independent verification of corporate ethics and compliance programs, today announced that Apollo Education Group, Inc.(NASDAQ: APOL) has earned Compliance Leader Verification™. Apollo Education Group is the first in the higher education industry to receive this prestigious certification.Compliance Leader Verification is awarded exclusively to companies with best-in-industry compliance programs that have made the decision to proactively invest resources in compliance, sending a clear signal to key stakeholders that their company takes compliance and ethics seriously.“This prestigious certification reflects Apollo Education Group’s steadfast commitment to drive company performance through ethical business practices,” said Jim Berg, vice president, chief ethics and compliance officer, Apollo Education Group. “Acknowledgement of our high ethical standards is one of the greatest honors a company can receive. We believe it speaks to the integrity of our employees and reflects the dedication and resources Apollo Education Group has invested to foster a culture that values ethics and compliance.”“NYSE Governance Services has been consistently impressed with Apollo Education Group’s commitment to ethics and integrity. The company has put a great deal of time, effort and strategic thinking into creating a best-in-class ethics and compliance program,” said NYSE Governance Services Compliance Counsel, Izah K. Gallagher. “Apollo clearly understands that ethics and compliance are critical to the company’s continued success as it moves forward.”Through the Compliance Leader Verification process, NYSE Governance Services, a licensed credentialing partner, conducted a detailed review of Apollo Education Group’s current compliance and ethics-related initiatives and benchmarked them against the “hallmarks” of an effective compliance program, as defined by the U.S. Federal Sentencing Guidelines (FSG) and corporate and industry best practices, including:- Standards (code and policies)
- Board of director oversight
- Program structure and responsibility
- Training and communications
- Due care
- Monitoring and auditing
- Enforcement and discipline
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Heather McLaughlin Apollo Education Group 714-338-6429 heather.mclaughlin(at)apollo.eduClea Nabozny Ethisphere 480-397-2658 clea.nabozny(at)ethisphere.com

