K12 Inc. Appoints James Rhyu as New CFO

Wednesday, May 15, 2013

K12 Inc. (NYSE: LRN), a leading provider of proprietary, technology-based curriculum, software and education services created for individualized learning for students primarily in kindergarten through 12th grade, today announced that James Rhyu will join K12 as Executive Vice President and Chief Financial Officer in early June.

“James brings a wealth of financial management experience and diversity of background to the K12 executive management team. I've worked with James in the past and I’m confident his financial and strategic contributions will be welcome and well utilized here at K12”

Mr. Rhyu joins K12 from Match.com, where he has served as Chief Financial Officer and Chief Administrative Officer, overseeing a broad range of functions, including human resources, legal, information technology and operations, certain international operations and product development, since 2011.

"James brings a wealth of financial management experience and diversity of background to the K12 executive management team. I've worked with James in the past and I’m confident his financial and strategic contributions will be welcome and well utilized here at K12," said Executive Chairman, Nate Davis.

Mr. Rhyu has more than 20 years of financial management in various global industries and has worked and lived outside the United States for almost half of his career. Prior to his roles at Match.com, Mr. Rhyu was a Senior Vice President of Finance at Dow Jones & Company, where he ran the global financial function. Previously, Mr. Rhyu served for three years as the Corporate Controller of Sirius XM Radio Inc. and its predecessor company, XM Satellite Radio, as well as serving in the same role for Graftech International. Mr. Rhyu also spent six years with Ernst & Young LLP in the United States and South America. He holds a BS from the Wharton School of Business at the University of Pennsylvania and an MBA from London Business School.

"I'm excited to join Nate and the management team at K12 and share their commitment and passion for education and delivering long-term shareholder value," said Mr. Rhyu.

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