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| COCO > SEC Filings for COCO > Form 8-K on 6-May-2009 | All Recent SEC Filings |
6-May-2009
Change in Directors or Principal Officers, Financial Statements and Exhib
On April 30, 2009, Corinthian issued a press release announcing that, effective July 1, 2009, Peter C. Waller, currently the Company's President and Chief Operating Officer, will become the Company's Chief Executive Officer, and that Matthew A. Ouimet, currently the Company's Executive Vice President, Operations, will become the Company's President and Chief Operating Officer. Mr. Waller will succeed Jack D. Massimino, the Company's current Chief Executive Officer and Chairman of its Board of Directors. Mr. Massimino will continue as the Company's Executive Chairman.
Neither Mr. Waller's nor Mr. Ouimet's compensation has changed as a result of these appointments.
Mr. Waller, age 54, has been Corinthian's President and Chief Operating Officer since February 2006. He is also a member of Corinthian's Board of Directors, a position he has held since August 2008. Before joining Corinthian, he served as an executive partner at ThreeSixty Sourcing Inc., a global consumer product sourcing firm he joined in 2001. Prior to that, Mr. Waller served as president of Irvine, California-based Taco Bell Corp., where he had profit-and-loss responsibility for 7,000 owned and franchised stores with approximately $5 billion in sales. He first joined Taco Bell in 1996 as chief marketing officer. Prior to Taco Bell, Mr. Waller spent twenty years in positions of increasing responsibility with companies such as Procter and Gamble, Gillette/Braun and PepsiCo.
Mr. Ouimet, age 51, has been Corinthian's Executive Vice President, Operations, since January 2009. Prior to joining Corinthian, he held senior executive positions with Starwood Hotels & Resorts Worldwide and Walt Disney Parks and Resorts. As President of Starwood's Hotel Group, he was responsible for the operations of all owned, managed and franchised properties across the company's nine brands. From 1989 to 2006, Mr. Ouimet served in a number of roles of increasing responsibility at Disney, including President, Disney Cruise Line; President, Disneyland Resort, and Senior Vice President, new business development.
A copy of the press release issued by the Company on April 30, 2009 announcing the foregoing management changes is filed as Exhibit 99.1 to this Current Report and is incorporated herein.
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