Market Overview

K12 Inc. Names Dr. Shaun E. McAlmont Executive Vice President, Career Readiness Education


McAlmont Tapped to Lead K12's Expanding Destinations Career Academies
and Programs

K12 Inc. (NYSE:LRN), a technology-based education company and leading
provider of online curriculum and online school programs for K-12, has
named Dr. Shaun E. McAlmont Executive Vice President, Career Readiness
Education to lead the direction of the company's growing Destinations
Career Academies and programs
on a national level.

McAlmont is one of the nation's leading multi-sector education
executives. His experience includes a decade-long tenure at Lincoln
Educational Services, where he held numerous leadership positions
including President and CEO. McAlmont has also served as Provost at
American Career Colleges and CEO of Neumont College of Computer Science.

"Shaun's track record of success in C-level roles within career-focused
educational institutions makes him an ideal fit to lead the expansion of
our Career Readiness portfolio," said K12 Inc. CEO Nate Davis. "The
career pathways within our Destinations Academies and programs are
developing industry-relevant skill sets, setting students up for success
in the most in-demand and well-compensated professions. We believe these
courses are shaping the future of education while also helping to solve
a critical workforce need."

Many U.S. companies continue to report a troublesome gap between the
skills needed to run and expand their businesses and the qualifications
of job candidates. Economists warn a failure to close this gap could
have consequences for American competitiveness and economic
growth. K12's tuition-free Destinations Career Academies and programs
throughout the U.S. combine traditional high school academics with
courses in health care, IT, business administration, manufacturing and
more, preparing students to be college and workforce-ready.

A recent
found three out of four parents say middle and high school is
the best time for students to start exploring careers and 90% of
Americans polled say Career Readiness Education should be offered in
every high school.

In addition to more than two decades of corporate expertise, McAlmont
holds a Doctorate in Higher Education Management from the University of
Pennsylvania. He earned his Masters' Degree at the University of San
Francisco in Education Administration and his undergraduate degree at
Brigham Young University in Psychology.

McAlmont joins the K12 executive team in September.

About K12 Inc.

K12 Inc. (NYSE:LRN) is driving innovation and advancing the quality of
education by delivering state-of-the-art, digital learning platforms and
technology to students and school districts across the globe. K12's
curriculum serves over 2,000 schools and school districts and has
delivered millions of courses over the past decade. K12 provides online
and blended education solutions to charter schools, public school
districts, private schools, and directly to families. The K12 program is
offered through more than 70 partner public schools, and through school
districts and public and private schools serving students in all 50
states and more than 100 countries. More information can be found at

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