Peter Sperling
Encyclopedia
Peter V. Sperling is one of the 400 wealthiest Americans, and the son of John Sperling
John Sperling
John Glen Sperling is an American businessman who is credited with leading the contemporary for-profit education movement in the United States. His fortune is based on his founding of the for-profit University of Phoenix for working adults in 1976, which is now part of the publicly traded Apollo...

. He is Senior Vice President and a Director of Apollo Group
Apollo Group
Apollo Group, Inc. is an S&P 500 corporation based in the South Phoenix area of Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, owns several for-profit educational institutions....

, and a co-founder and Chairman of CallWave, Inc.
CallWave, Inc.
FuzeBox, Inc. is a provider of Internet and mobile based unified communications solutions....

 He earned his Bachelor of Arts
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 degree in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 from the University of California at Santa Barbara and his MBA
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...

 from the University of Phoenix
University of Phoenix
The University of Phoenix is a for-profit institution of higher learning. It is a wholly owned subsidiary of Apollo Group Inc. which is publicly traded , an S&P 500 corporation based in Phoenix, Arizona...

.

Sperling sponsored and financially backed Proposition 7
California Proposition 7 (2008)
California Proposition 7, would have required California utilities to procure half of their power from renewable resources by 2025. In order to make that goal, levels of production of solar, wind and other renewable energy resources would more than quadruple from their current output of 10.9%...

 of California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

's November 2008 general election
California state elections, November 2008
The California state elections, November 2008 were held on November 4, 2008 throughout California. Among the elections taking place were those for the office of President of the United States, all the seats of California's delegation to the House of Representatives, all of the seats of the State...

.
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