October 3, 2005
Bennett out at K12
Seems that given the choice between Bill Bennett and $3 million, K12 decided to take the cash:
McLean, VA – October 3, 2005 - K12, Inc. today announced that William J. Bennett has resigned as an employee, and as Chairman and member of the company’s Board of Directors, effective immediately. K12 Inc. said the Board accepted his resignation, thanking him for his contributions to the company. K12 Inc. said that it has no relationship with, or involvement in, Dr. Bennett’s radio program. The opinions expressed by Dr. Bennett on his radio program are his and his alone.
Dr. Bennett, in a separate statement said: “I am in the midst of a political battle based on a coordinated campaign willfully distorting my views, my record, and my statements. Given the controversy surrounding the remarks I made on my radio show, I am stepping down from my positions at K12, so that neither the mission of the company, nor its children, are affected, distracted, or harmed in any way.”
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