Perdoceo Education Corporation Announces Leadership Changes
January 20 2022 - 4:30PM
Business Wire
Perdoceo Education Corporation (NASDAQ: PRDO), a provider of
postsecondary education programs, today announced that Todd Nelson
has been named Executive Chairman effective January 20, 2022 and
will continue to serve Perdoceo on a full time basis. Andrew Hurst
was appointed to succeed Mr. Nelson as Perdoceo’s President and
Chief Executive Officer effective January 20, 2022. Mr. Hurst, who
has 38 years of leadership experience in higher education, joined
Perdoceo in 2014 and most recently served as Perdoceo’s Senior Vice
President – Colorado Technical University and as the President of
Colorado Technical University. Mr. Hurst was also appointed to the
Perdoceo Board of Directors. Thomas Lally, Perdoceo’s former
Chairman of the Board, now serves as Lead Director.
Elise Baskel succeeds Mr. Hurst as Perdoceo’s Senior Vice
President – Colorado Technical University and as the President of
Colorado Technical University. Ms. Baskel has 12 years of
leadership experience with the Company and has served as Chief
Operating Officer of Colorado Technical University since 2019.
“I am proud of our team’s commitment to serving and educating
students and of our achievements over the last few years,” said Mr.
Nelson. “The Board and I would like to congratulate Andrew on his
new role and I look forward to continuing to work with him. We are
confident that Andrew brings the right leadership skills and
dedication to drive successful student outcomes and long-term value
for all of our stakeholders.”
Mr. Hurst said, “Both CTU and AIU have strong technology
platforms for online education and provide a unique opportunity for
our adult learners. I am excited to assume this role and for the
future of the Company. Elise has played an instrumental role in the
continued success of CTU so we are pleased to have her assume this
position leading the university.”
About Perdoceo Education Corporation
Perdoceo’s academic institutions offer a quality postsecondary
education primarily online to a diverse student population, along
with campus-based and blended learning programs. Our accredited
institutions – Colorado Technical University (“CTU”) and the
American InterContinental University System (“AIU”) – provide
degree programs from associate through doctoral level as well as
non-degree professional development and continuing education
offerings. Our universities offer students industry-relevant and
career-focused academic programs that are designed to meet the
educational needs of today’s busy adults. CTU and AIU continue to
show innovation in higher education, advancing personalized
learning technologies like their intellipath® learning
platform and using data analytics and technology to support
students and enhance learning. Perdoceo is committed to providing
quality education that closes the gap between learners who seek to
advance their careers and employers needing a qualified workforce.
For more information, please visit www.perdoceoed.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220120005658/en/
Investors: Alpha IR Group Davis Snyder or Chris Hodges
(312) 445-2870 PRDO@alpha-ir.com or Media: Perdoceo
Education Corporation (847) 585-2600 media@perdoceoed.com
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