WISCONSIN RAPIDS, Wis.,
July 1 /PRNewswire-FirstCall/ --
Renaissance Learning™, Inc. (Nasdaq: RLRN), a leading provider of
technology to support personalized practice, differentiated
instruction, and progress monitoring in reading, math, and writing
for pre-K-12 schools and districts, today announced that
Glenn R. James has been appointed to
the position of Chief Executive Officer effective July 6, 2010. Mr. James, who was also
appointed as a member of the Board of Directors, succeeds
Terrance D. Paul, who will assume
the position of Chairman of the Board. Judith A. Paul,
current Chairman of the Board, will assume the position of
Vice-Chairman of the Board.
(Logo:
http://photos.prnewswire.com/prnh/20001108/RENAISSANCELOGO)
(Logo:
http://www.newscom.com/cgi-bin/prnh/20001108/RENAISSANCELOGO)
Mr. James, 51, has over 25 years of business consulting and
executive level management experience in the software and
information technology industries. Mr. James' broad background
includes 20 years with Deloitte Consulting, 11 of which were as a
partner. While at Deloitte, he helped found Deloitte's K-12
Education consulting practice. Mr. James also spent four
years as President of a several hundred million dollar division of
Unisys Corporation and most recently served as a principal in
Technology Consulting Corporation. Mr. James has a BA degree from
the University of Colorado, Boulder and
an MBA from The Wharton School, University of
Pennsylvania.
"After conducting an extensive search, we are pleased to have
found an individual of Glenn's caliber," stated Terrance D. Paul, co-founder and Chief Executive
Officer of the Company. "Judi and I, along with the Board of
Directors, believe that Glenn has the ideal mix of experience,
business acumen, personal integrity, and leadership skills to take
the company to the next level."
"I am very excited to have the opportunity to take on the role
of CEO of Renaissance Learning," commented Glenn R. James. "Terry, Judi and the
management team have built a truly great company. Renaissance
Learning has outstanding, dedicated employees, is financially
strong, and has a great reputation and a great educational mission.
My job is to further that mission by working with the
management and employee team to put in place the strategies that
will greatly accelerate the company's growth. It is an
exciting challenge; one that I welcome."
Renaissance Learning, Inc.
Renaissance Learning, Inc. is the world's leading provider of
computer-based assessment technology for pre-K–12
schools. Adopted by more than 72,000 schools, Renaissance
Learning's tools provide daily formative assessment and periodic
progress-monitoring technology to enhance core curriculum, support
differentiated instruction, and personalize practice in reading,
writing and math. Renaissance Learning products help educators make
the practice component of their existing curriculum more effective
by providing tools to personalize practice and easily manage the
daily activities for students of all levels. As a result, teachers
using Renaissance Learning products accelerate learning, get more
satisfaction from teaching, and help students achieve higher test
scores on state and national tests. Renaissance Learning has seven
U.S. locations and subsidiaries in Canada and the United Kingdom.
This press release contains forward-looking statements made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. These forward-looking
statements are based on current expectations and various
assumptions which management believes are reasonable.
However, these statements involve risks and uncertainties
that could cause actual results to differ materially from any
future results encompassed within the forward-looking statements.
Factors that could cause or contribute to such differences
include risks described in the Company's filings with the
Securities and Exchange Commission, including the Company's 2009
Annual Report on Form 10-K and later filed quarterly reports on
Form 10-Q and Current Reports on Form 8-K, which factors are
incorporated herein by reference. The Company expressly
disclaims a duty to provide updates to forward-looking statements,
whether as a result of new information, future events or other
occurrences.
SOURCE Renaissance Learning, Inc.