The Princeton Review : Ask Biography

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The Princeton Review (TPR) is an American-based standardized test preparation and admissions consulting company. The Princeton Review operates in 41 states and 22 countries across the globe. It offers test preparation for standardized aptitude tests such as the SAT and advice regarding college admissions, and publishes books with Random House. Approximately 70% of the company's revenue comes from test preparation. The company was founded in 1981 by John Katzman, after graduating from Princeton University, and was originally based in New York City. It moved to and is now based in Framingham, Massachusetts in 2008/2009 coinciding with John Katzman's stepping down as CEO in September 2008 after a six-month sabbatical.

John Katzman was replaced with Michael Perik as CEO.

On March 9, 2011, Michael Perik resigned as CEO of Princeton Review, and the company announced financial results for the fourth quarter and full year 2010. These figures demonstrated losses from continuing operations that totaled $50.4 million, compared to $13.9 million in losses for 2009. Following these announcements, the price of the company’s stock lost 37.80% of its value, to close at $0.51 on March 10, 2011. This decline would continue, with shares of Princeton Review stock declining an additional 23.53% to close at just $0.39 per share on March 11, 2011. The company is not affiliated with Princeton University or the Educational Testing Service.