Rich Krygiel most recently served as Chief Strategy Officer for K12, Inc. where he was responsible for corporate strategy, mergers and acquisitions, integration, long-range planning, and operational success. Rich led all aspects of transactions in Stride, Big Universe, LearnBop, Modern Teacher, Tallo, and Nepris, as well as K12’s participation as a limited partner in two private equity funds. He is a founding partner of Kind Capital, an impact investment fund dedicated to unlocking human potential and improving social mobility. Rich joined K12, Inc. in June 2011 and dramatically improved M&A processes and procedures with new initiatives including a monthly industry report, M&A Playbook, and a standardized 100-day integration plan. Rich oversaw the rollout of a long-range planning process, a QBR review process, and a Balanced Scorecard process which facilitated a refreshed view of the company’s mission, vision, and values. This effort helped identify several new growth initiatives, eventually leading to the launch of a new business unit, Career Readiness Education, which transitioned the company into a lifelong learning company.
From 2010 until joining K12, Rich was Vice President, Strategic Initiatives for Education Affiliates. From 2000-2009 Rich served in a variety of business development, operational, corporate finance, treasury, and investor relations capacities for Laureate Education, Inc., most recently serving as Chief Operating Officer of the MENA region.
From 1997-2000, Rich was an Equity Research Analyst with Deutsche Bank in the firm’s Business Services Group where his research coverage included staffing, facility services, and business process outsourcing companies. From 1991 to 1997, Rich served in a variety of corporate accounting and finance roles for Marriott International, most recently serving as Manager of Accounting. Rich serves on the Board of Directors of the University of St. Augustine and is on the Advisory Board of Kind Capital. His prior board experience includes Tallo (observer), Successful Practices Network (director), Modern Teacher (observer), Education Technology Industry Network (director), and the International School of Berne (director). Rich is a Certified Public Accountant (inactive), holds a B.A. in Accounting from Temple University, and an M.B.A. from the University of Maryland’s Smith School of Business.
Personal stuff: Both of Rich’s parents spent part of their childhoods in forced labor camps in Germany during WWII. As a first-generation American and first-gen to complete college, Rich developed a deep belief in the transformational impact of education in improving social mobility and the importance of creating access to quality education for all. Rich is married to his wife Mary and they have two college-age children. He enjoys hiking, backpacking, and nearly any activity in the great outdoors.