Career Education Corporation Announces Resignation of George K. Grayeb
March 22 2011 - 5:25PM
Business Wire
Career Education Corporation (CEC) (NASDAQ: CECO), a global
provider of post-secondary education programs and services,
announced today that George K. Grayeb has resigned from his
position as senior vice president of the company’s Health Education
Strategic Business Unit (SBU) to pursue other opportunities
effective March 31, 2011.
“I appreciate the leadership George brought the organization
during a time of tremendous growth for our health schools. I wish
him all the best for success in his future endeavors,” said Gary E.
McCullough, president and chief executive officer of CEC.
Thomas O’Donnell, vice president of operations for new school
development for the Health Education SBU, will assume interim
leadership of the Health Education SBU. O’Donnell has held a number
of finance and operational positions since joining the company in
2003. In his role over the past two years, O’Donnell has led the
opening of new Sanford-Brown health school campuses. CEC now has 39
health school campuses, up from 24 in 2008.
Previously, O’Donnell served the Health Education SBU as vice
president of operations and, prior to that, vice president of
finance. He holds a Master’s degree in Business Administration from
the University of Chicago, a Master’s degree in Accounting from
DePaul University and a Bachelor’s degree in economics from
University of Chicago.
To assist in the transition of SBU leadership to a permanent
successor, O’Donnell will report to Robert T. DeYoung, senior vice
president of corporate marketing and chief marketing officer. The
company has begun a search to identify the next leader of the
Health Education SBU.
About Career Education Corporation
The colleges, schools and universities that are part of the
Career Education Corporation family offer high-quality education to
a diverse student population of more than 116,000 students across
the world in a variety of career-oriented disciplines through
online, on-ground and hybrid learning program offerings. The more
than 90 campuses that serve these students are located throughout
the United States and in France, Italy, the United Kingdom and
Monaco, and offer doctoral, master's, bachelor's and associate
degrees and diploma and certificate programs.
CEC is an industry leader whose institutions are recognized
globally. Those institutions include, among others, American
InterContinental University; Brooks Institute; Colorado Technical
University; Harrington College of Design; INSEEC Group Schools;
International University of Monaco; International Academy of Design
& Technology; Istituto Marangoni; Le Cordon Bleu North America;
and Sanford-Brown Institutes and Colleges. Through its schools, CEC
is committed to providing high-quality education, enabling students
to graduate and pursue rewarding career opportunities.
For more information, see CEC's website at www.careered.com. The
website includes a detailed listing of individual campus locations
and web links to CEC's colleges, schools, and universities.
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