CHARLES TOWN, W.Va.,
June 9, 2020 /PRNewswire/
-- American Public Education, Inc. (Nasdaq: APEI) – parent
company of online learning provider American Public University
System (APUS) and pre-licensure nursing
educator Hondros College of
Nursing (HCN) – today announced the hiring of two new senior
management team members: Steve
Somers as Senior Vice President of Strategy and Corporate
Development; and Amy Manning as
Senior Vice President of Human Resources.
"Momentum is building at APEI. With Steve and Amy joining
our leadership team, together we will accelerate our enterprise
transformation and scale our adult learning platform," said
Angela Selden, president and chief
executive officer of APEI. "Our top priority is to fulfill our
commitment to working adults of all backgrounds who seek new skills
to advance their careers while maximizing the return on their
educational investment. I am committed to ensuring that we
have the best team in place to achieve our goals and grow APEI's
core businesses."
Steve Somers joins APEI as SVP,
Strategy and Corporate Development to help invigorate business
strategy and advance strategic corporate development initiatives in
support of the company's long-term organic growth goals and
inorganic growth opportunities. Somers has extensive
professional experience in the education and training industries,
as well as in the e-commerce and wireless industries.
Prior to joining APEI, Somers served for more than five years as
VP of Corporate Development at Kaplan, Inc. where he led
acquisitions and divestitures across all business units. Prior
to Kaplan, Somers served as VP of Corporate Development, Investor
Relations and Treasury at Rosetta Stone, where he helped the
company expand its core business and enter a new business segment
with the acquisition of Lexia Learning. Prior to his experience in
the education space, Somers led the M&A activities of GSI
Commerce, an e-commerce business acquired by eBay, and SunCom
Wireless, a telecom company acquired by T-Mobile. Somers graduated
from Lehigh University with a BS in
Business and Economics and an MBA from Villanova
University. Somers is also a CFA Charterholder.
Amy Manning joins APEI as SVP,
Chief Human Resource Officer. In this role, she will advance human
resources initiatives, maximize business strategies and goals, and
support growth and scale in APEI's core businesses. In
addition, she will work to elevate APEI's human resources processes
and capabilities, including organizational and employee
development, employee engagement, diversity and inclusion, talent
assessment, and workforce planning.
Prior to joining APEI, for more than 16 years, Manning served in
various roles at Cisco Systems. Most recently, Manning served as
VP, Human Resources, supporting Cisco's Corporate Functions'
executive leadership team and leading corporate civility
initiatives to support employees experiencing crisis. Manning was
an executive sponsor for Cisco's Conscious Culture initiative,
which was designed to ensure an inclusive and collaborative working
environment. During her tenure at Cisco, she played a
pivotal role in supporting the assimilation, integration and
promotion of new leaders, as well as engagement and support of
existing executives. Manning also worked at PerkinElmer, GE
Capital and ABB Inc. Manning holds a B.S. in Psychology from
St. Lawrence University.
"The next chapter of our 30-year history will be written, in
part, by adding critical talent to transform our business," stated
Ms. Selden. "With the addition of Amy and Steve, who bring highly
relevant experiences and competencies, APEI is better positioned to
implement our ambitious plans and accelerate this new era of
growth."
About American Public Education
American Public
Education, Inc. (Nasdaq: APEI) is a leading
provider of higher learning dedicated to preparing students all
over the world for excellence in service, leadership and
achievement. The Company offers respected, innovative and
affordable academic programs and services to students, universities
and partner organizations through wholly owned subsidiaries:
American Public University System and National Education
Seminars Inc., which we refer to in this press release as
Hondros College of Nursing.
Together, these institutions serve more than 80,000 adult learners
worldwide and offer more than 200 degree and certificate programs
in fields ranging from technology, business administration, public
health, nursing and liberal arts to homeland security, military
studies, intelligence, and criminal justice. For additional
information, please visit www.apei.com.
Forward Looking Statements
Statements made in this press release regarding American
Public Education, Inc., or its subsidiaries, that are not
historical facts are forward-looking statements based on current
expectations, assumptions, estimates and projections
about American Public Education, Inc. and the industry.
Forward-looking statements can be identified by words such as
"anticipate," "believe," "seek," "could," "estimate," "expect,"
"intend," "may," "should," "will" and "would." These
forward-looking statements include, without limitation, statements
regarding expected growth and plans with respect to recent, current
and future initiatives, including business strategy, corporate
development and human resources processes and capabilities.
Forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Such risks and
uncertainties include, among others, risks related to: the
Company's dependence on the effectiveness of its ability to attract
students who persist in its institutions' programs; impacts of the
COVID-19 pandemic; ongoing employee and executive retention and
relationships; the Company's ability to effectively market its
institutions' programs; adverse effects of changes the Company
makes to improve the student experience and enhance the ability to
identify and enroll students who are likely to succeed; the
Company's ability to maintain strong relationships with the
military and maintain enrollments from military students; the
Company's ability to comply with regulatory and accrediting agency
requirements and to maintain institutional accreditation; the
Company's reliance on Department of Defense tuition assistance,
Title IV programs, and other sources of financial aid; the
Company's dependence on its technology infrastructure; strong
competition in the postsecondary education market and from
non-traditional offerings; and the various risks described in the
"Risk Factors" section and elsewhere in the Company's Annual Report
on Form 10-K for the year ended December 31,
2019, Quarterly Report on Form 10-Q for the period ended
March 31, 2020, and other filings
with the SEC. You should not place undue reliance on any
forward-looking statements. The Company undertakes no obligation to
update publicly any forward-looking statements for any reason,
unless required by law, even if new information becomes available
or other events occur in the future.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/american-public-education-strengthens-executive-leadership-team-with-two-strategic-hires-301072720.html
SOURCE American Public Education, Inc.