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Founder and Former CEO of Capella Education Company, Stephen G. Shank, to Retire From Board of Directors in May

MINNEAPOLIS--(BUSINESS WIRE)--Capella Education Company today announced that Stephen G. Shank, the company’s founder and former CEO, will retire from the board of directors when his current term ends in May 2017. Mr. Shank founded the company in 1991 and served as chief executive officer until March 2009. He was chairman of the board of directors until February 2010, and has since continued to serve as a distinguished member of the board.