PLATO Learning, Inc. Announces CFO Change
January 05 2007 - 7:00AM
Business Wire
PLATO Learning, Inc. (NASDAQ:TUTR), a leading provider of K�adult
computer-based and e-learning solutions, today announced that Larry
Betterley will be leaving his position as Chief Financial Officer.
Mr. Betterley is leaving the Company to pursue other business
interests. Robert Rueckl, the Company�s Vice President and Chief
Accounting Officer since June 2005, will be appointed as his
replacement. A transition will be completed during the month of
January. Mike Morache, PLATO Learning President and CEO, said, �We
thank Larry for his many contributions to PLATO Learning. He has
played a key role in the turnaround of the Company and leaves us
with a quality finance organization and in a strong financial
position as we move forward with the implementation of our
strategy. We wish him well in his pursuit of other opportunities.�
�We welcome Rob Rueckl as our new CFO. Rob has done an excellent
job as our Chief Accounting Officer in enhancing our reporting,
processes and internal controls during a period of rapid change in
the Company, and he has the necessary financial expertise and
leadership skills for the CFO position. His appointment provides a
strong continuity in that role,� said Morache. Mr. Rueckl has over
20 years of financial management experience. Prior to joining PLATO
Learning, he held the positions of Executive Vice President and
Chief Financial Officer, and Vice President, Controller at Zomax
Incorporated, a publicly held supply chain services company. From
1996 to 2002, Mr. Rueckl held several senior finance positions at
ADC Telecommunications, during a period of significant growth and
change. Prior to ADC, he spent five years at Cray Research in
several accounting and finance positions, and six years in the
audit practice of KPMG. Mr. Rueckl is a Certified Public Accountant
(Inactive) and holds an MBA in Finance from the University of St.
Thomas in St. Paul, Minnesota. About PLATO Learning PLATO Learning
is a leading provider of computer-based and e-learning instruction
for kindergarten through adult learners, offering curricula in
reading, writing, math, science, social studies, and life and job
skills. The Company also offers innovative online assessment and
accountability solutions and standards-based professional
development services. With over 6,000 hours of objective-based,
problem-solving courseware, plus assessment, alignment and
curriculum management tools, we create standards-based curricula
that facilitate learning and school improvement. PLATO Learning is
a publicly held company traded as TUTR on the NASDAQ. PLATO
Learning educational software delivered via networks, CD-ROM, the
Internet, and private intranets, is primarily marketed to K�12
schools and colleges. The Company also sells to job training
programs, correctional institutions, military education programs,
corporations, and individuals. PLATO Learning is headquartered at
10801 Nesbitt Avenue South, Bloomington, Minnesota 55437, 952.
832.1000 or 800.869.2000. The Company has offices throughout North
America and Puerto Rico, as well as international distributors in
the United Kingdom and South Africa. For more information, please
visit http://www.plato.com. PLATO� is a registered trademark of
PLATO Learning, Inc. PLATO Learning and Straight Curve are
trademarks of PLATO Learning, Inc. PLATO Inc. is a PLATO Learning,
Inc., company.
Plato Learning (MM) (NASDAQ:TUTR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Plato Learning (MM) (NASDAQ:TUTR)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Plato Learning (MM) (NASDAQ): 0 recent articles
More PLATO Learning, Inc. News Articles