NEW YORK - Education company Corinthian Colleges Inc. said Thursday that Chief Executive Jack Massimino has been given the additional title of chairman of the board.
| COCO | 16.56 |
The appointment is effective immediately.
Massimino, who has been CEO since November 2004, replaces Terry Hartshorn, who was named as lead independent director.
Also, Chief Operating Officer Peter Waller has been named to the board.

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