CULVER CITY, Calif.--(BUSINESS WIRE)--XAP Corporation (XAP) has announced that Peter B. Knepper has been appointed Chief Executive Officer, assuming responsibility for day-to-day functions and the strategic growth of the company. Mr. Knepper has been serving XAP as Interim Chief Executive Officer since September 2011. Mr. Knepper will report to the company’s Executive Committee.
Mr. Knepper is a seasoned executive who brings to XAP deep functional and strategic planning expertise with several major corporations, including global technology companies. Mr. Knepper has advised and held senior management positions with International Rectifier Corporation, MDI, Inc., and Key3Media Group, Inc., among others. He also served for ten years as Senior Vice President and Chief Financial Officer of Ticketmaster Group, Inc., where he played a key role in the development and launch of Ticketmaster Online. Additionally, he had a significant role in completing the acquisition of Ticketmaster Group by Interactive Corporation (IAC), formerly USA Networks, Inc.
"In the interim CEO role, Peter displayed deep leadership qualities that have been invaluable to the organization. In assuming the CEO role, we are confident that his depth of experience will serve XAP’s clients and end-users well as we continue to meet client needs and explore and develop future online tools and services for the education and career planning marketplaces,” said Executive Committee members Marilyn Firstenberg and Gene Meyers.
About XAP Corporation
XAP is the industry leader in online college access and career exploration tools. XAP develops and provides students and adults with online tools to explore careers and explore, plan and apply to colleges and universities. The largest provider of electronic college applications and transcripts in North America, XAP processes more than 3.5 million college applications and 1.5 million transcripts annually. XAP’s products are used by more than 900 colleges and universities and more than 8,000 middle and high schools in the United States and Canada.