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LRN > SEC Filings for LRN > Form 8-K on 26-Oct-2012All Recent SEC Filings

Show all filings for K12 INC

Form 8-K for K12 INC


Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 22, 2012, the Honorable John M. Engler, age 64, was appointed to the Board of Directors (the "Board") of K12 Inc. (the "Company"). Mr. Engler served as Michigan's 46th governor from 1991 to 2003 and he is currently President of the Business Roundtable. Mr. Engler will serve as a Director of the Company until the next annual meeting of shareholders of the Company and until his successor is elected and qualified or until his death, retirement, resignation or removal. Mr. Engler has not yet been named to serve on any of the committees of the Board. All similar non-employee Directors of the Company receive an annual award of restricted stock equivalent to $60,000 and a cash retainer of $40,000 per year for service as a Director. There are no arrangements or understandings between Mr. Engler and any other person pursuant to which Mr. Engler was appointed a Director of the Company.

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