Stride, Inc.’s Chairman Nathaniel A. Davis to Retire
August 04 2022 - 5:00PM
Business Wire
Board of Directors elects Dr. Craig R.
Barrett as Chairman
Stride, Inc. (NYSE: LRN)—a leading provider of innovative,
high-quality, and tech-enabled education solutions— announced that
its Board of Directors has elected Dr. Craig R. Barrett as Chairman
of the Board. Dr. Barrett will succeed Nathaniel A. Davis, outgoing
Board Chairman, and former CEO, who is retiring Sept 30, 2022,
after a remarkable 13-year career with the company.
“It has been a privilege to serve as a member of a board and
executive team that expanded learning options for millions of
students across the country,” said Mr. Davis. “I am incredibly
confident in the future of Stride and am thrilled that Craig will
be taking over as Board Chairman. He and CEO James Rhyu have a
long-standing commitment to helping students access high-quality
education. I’m proud that Craig will support James in leading the
company through its next phase of growth and innovation.”
During his tenure, Mr. Davis led the company in its improvement
of student academic outcomes, retention, and graduation rates. He
prioritized the customer experience, strengthened teacher tools and
student-teacher interaction opportunities, and ushered in an era
that expanded the Company’s use of new technologies.
Importantly, he also launched the company’s career learning
business, which gives students the chance to explore opportunities
in high-demand careers. Stride’s career learning business currently
serves more than 42,000 students, growing 36% year-over-year. As
part of this effort, Mr. Davis led transformative investments in
three of the nation’s leading workforce development
companies—Galvanize, MedCerts, and Tech Elevator.
Under his leadership, Stride’s revenues topped $1.5 billion on
an annual basis, while increasing profitability and free cash
flow.
“It’s an honor to be elected to chair the Board,” said Dr.
Barrett. “I’m extremely excited about Stride’s potential, and value
the company’s legacy of innovation and its commitment to the
students, families, schools, and customers that Nate championed. I
look forward to leading the Board in building on Stride’s strong
foundation to create long-term shareholder value.”
Dr. Barrett joined the Stride Board as a director in September
2010. He served as Chairman and CEO of Intel Corporation, which he
joined in 1974, until his retirement in 2009. Prior to Intel, Dr.
Barrett served as a faculty member in the Department of Materials
Science and Engineering at Stanford University.
Dr. Barrett currently serves as Chair of the Carnegie
Institution of Science and President and Chair of BASIS Schools,
Inc . He earned bachelor’s, master’s, and doctoral degrees in
materials science from Stanford University.
About Stride, Inc.
At Stride, Inc. (NYSE: LRN), we are reimagining learning—where
learning is lifelong, deeply personal, and prepares learners for
tomorrow. The company has transformed millions of people’s teaching
and learning experiences by providing innovative, high-quality,
tech-enabled education solutions, curriculum, and programs directly
to students, schools, the military, and enterprises in primary,
secondary, and postsecondary settings. Stride is a premier provider
of K-12 education for students, schools, and districts, including
career learning services through middle and high school curriculum.
For adult learners, Stride delivers professional skills training in
healthcare and technology, as well as staffing and talent
development for Fortune500 companies. Stride has delivered millions
of courses over the past decade and serves learners in all 50
states and more than 100 countries. The company is a proud sponsor
of the Future of School, a nonprofit organization dedicated to
closing the gap between the pace of technology and the pace of
change in education. More information can be found at
stridelearning.com, K12.com, galvanize.com, techelevator.com, and
medcerts.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220804005926/en/
Stride, Inc. Press Contact: Dana Still Communications
Director Stride, Inc. dstill@k12.com
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