Whitney Information Network, Inc. announces reorganization

Author: Mendoza College

Whitney Information Network, Inc., an international leader in the postsecondary education industry focused on educating individual investors in real estate and the financial markets, today announced that Ronald S. Simon, Executive Vice President, Secretary has been promoted to the position of Co-President and Chief Operating Officer, and Alfred R. Novas, Chief Financial Officer, has been promoted to the position of Co-President and Chief Financial Officer.

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"Al Novas crafted and implemented much needed upgrades within our finance organization. To support our growth, we need a leader of Al's caliber to further strengthen our infrastructure, while overseeing the creation of a quality assurance function that demonstrates our commitment to the highest quality education experience for our students."

Mr. Novas will oversee the Company's finance, strategic planning, business development, and quality assurance functions, ensuring strict adherence to the policies and procedures of the Company. He will also be responsible for the e-Business unit and information technology. Mr. Novas was previously President and Chief Executive Officer of Childtime Learning Centers, Inc. He has also held senior financial and executive positions with Burger King Corporation, The Pillsbury Company, and Pizza Hut, Inc. a former division of PepsiCo, Inc. Mr. Novas started his career with Touche Ross & Co. (now Deloitte & Touche LLP) and holds a Bachelor of Business Administration degree from the University of Notre Dame and a Master of Accounting from St.
Thomas University.


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