Governor Markell’s Wall Street Education Connection Grows

By now you all know K12.Inc is under contract with DEDOE to run Moyer Academy after DEDOE / Jack Markell took over Moyer.

Check this out:  Ron Packard is the CEO and Founder of K12. Mr. Packard was previously a vice president of Knowledge Universe, and CEO of Knowledge Schools, which provides high-quality childhood education in community and employer-sponsored centers, and invests in, incubates, and operates several charter school companies. Previously, Mr. Packard worked for McKinsey & Company, as well as for Goldman Sachs in mergers and acquisitions. Mr. Packard holds a BA in economics and mechanical engineering with honors from the University of California, Berkeley. As a Hughes Scholar, he spent his undergraduate summers writing an image-processing language. He holds an MBA with honors from The University of Chicago, and he is a chartered financial analyst”

Governor Jack Markell to support the Climate Prosperity Project in Delaware, Delaware Online Thursday, February 19, 2009  “Markell was previously a consultant with McKinsey & Company”.

University of Chicago Booth School of Business; Distinguished Alumni Awards

(Entrepreneurial Award – 2009) Founder CEO of K12.Inc RONALD PACKARD began his career at Goldman Sachs, but after earning his MBA, he switched to consulting giant McKinsey. His work drew the attention of Michael Milken, who was launching an education investment fund and offered Packard the post of senior vice president for the Knowledge Universe Learning Group. Milken then named him CEO of Knowledge Schools, a chain of pre-schools.

2010  PUBLIC SERVICE AWARD- Jack Markell was a banker at First Chicago when he entered the Evening MBA Program. He then put his MBA to work as consultant at McKinsey, an executive at Comcast, and as an entrepreneur as the 13th employee at Nextel—a company whose name he coined and whose business development efforts he led. He left the private sector after being elected Delaware’s state treasurer, a position he was re-elected to twice.

Hey Jack is this a good buy? Is diversification good if you want to hide $$$ finger prints? Well thank God K12.Inc is a Delaware corporation.

On April 13, 2011, K12 Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with TCV VII, L.P., a Cayman Islands exempted limited partnership, TCV VII (A), L.P., a Cayman Islands exempted limited partnership, TCV Member Fund, L.P., a Cayman Islands exempted limited partnership, and TCMI, Inc., a Delaware corporation. TCV VII, L.P., TCV VII (A), L.P. and TCV Member Fund, L.P. are collectively referred to herein as the “Purchasers”.


6 responses to “Governor Markell’s Wall Street Education Connection Grows

  1. nativebluehen

    The mob calls this a shake down.


  2. ruh roh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


  3. – Andrew Tisch (current chairman of the board) is a director at CNA Financial…and the Brookings Institute (Soros)

    Brookings Institution: This organization has been involved with a variety of internationalist and state-sponsored programs, including one that aspires to facilitate the establishment of a U.N.-dominated world government. Brookings Fellows have also called for additional global collaboration on trade and banking; the expansion of the Kyoto Protocol; and nationalized health insurance for children. Nine Brookings economists signed a petition opposing President Bush’s tax cuts in 2003.

    Here’s some interesting financial data on K12 and it’s parent company “Mollusk Holdings” (Leap Frog Games)


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