Career Education Corporation Reports Transitions in Executive Leadership
July 07 2008 - 8:30AM
Business Wire
Career Education Corporation (NASDAQ:CECO) said today that Todd
Steele has resigned from his position as Senior Vice President,
International, Business Development & Planning. Mr. Steele�s
responsibilities have been realigned within the company�s executive
leadership team to provide additional opportunities to utilize
their talent and previous experience in support of corporate goals.
Executive Vice President and Chief Financial Officer Mike Graham
will assume responsibility for business development, including
mergers and acquisitions. Len Mariani, Senior Vice President,
Marketing & Admissions, will direct the company�s strategic
planning activities. The international and start-up teams will
report to President and Chief Executive Officer, Gary E.
McCullough. Steele was a co-founder of the company and served on
its board of directors from 1994 through 1998. He joined CEC
full-time in 1998 and was responsible for the company�s strategic
planning and development efforts; international development and
operations; and the Start-up Division. �It has been a wonderful
experience to participate in growing and positioning the company as
a leader in post-secondary education over the last decade,� said
Steele. �Todd�s leadership was an important factor in the growth
and development of Career Education Corporation into one of the
largest for-profit post-secondary education companies in the
world,� said Mr. McCullough. �We thank him for his valuable
contributions and wish him the best.� About Career Education
Corporation The colleges, schools, and universities that are part
of the Career Education Corporation (CEC) family offer high quality
education to a diverse population of approximately 90,000 students
across the world in a variety of career-oriented disciplines. The
more than 75 campuses that serve these students are located
throughout the U.S. and in France, Italy, and the United Kingdom,
and offer doctoral, master's, bachelor's, and associate degrees and
diploma and certificate programs. Approximately one third of
students attend the web-based virtual campuses of American
InterContinental University Online and Colorado Technical
University Online. CEC is an industry leader whose gold-standard
brands are recognized globally. Those brands include Le Cordon Bleu
Schools North America; Harrington College of Design; Brooks
Institute; International Academy of Design & Technology;
American InterContinental University; Colorado Technical University
and Sanford-Brown Institutes and Colleges. Through its schools, CEC
is committed to providing quality education, enabling students to
graduate and pursue rewarding careers. For more information, see
the company�s website at http://www.careered.com. The company's
website includes a detailed listing of individual campus locations
and web links to its more than 75 colleges, schools, and
universities.
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