MIAMI, May 30, 2024
/PRNewswire/ -- Laureate Education, Inc. (NASDAQ:
LAUR) (the "Company") announced the election of
William J. Davis as an independent
member of the Laureate Education, Inc. Board of Directors at
today's 2024 Annual Meeting of Stockholders. Mr. Davis was also
appointed to the Board's Audit & Risk Committee.
"We are excited to welcome Bill
Davis to Laureate's Board of Directors. With over 30
years of proven operational, financial and technology experience,
Bill will be a valuable addition to Laureate. We look forward
to Bill's perspectives and strategic insights as we continue
driving growth and creating long-term value," said Eilif Serck-Hanssen, President and Chief
Executive Officer.
"Bill will bring to our Board further public company and audit
committee experience and financial expertise. His experience
in these areas will provide invaluable insight and add strong
leadership capabilities and skills to our Board," said Kenneth Freeman, Chair of the Board.
Mr. Davis is the President and Chief Executive Officer of ABC
Fitness Solutions, LLC, a provider of technology and related
services for the fitness industry, which he joined in 2019. Before
then, Mr. Davis was the Chief Financial Officer of Paycor, Inc.,
Blackboard, Inc., and Veradigm, Inc. (formerly Allscripts
Healthcare Solutions). Mr. Davis began his career as member
of the Technology Group of PricewaterhouseCoopers LLP. Mr.
Davis is a certified public accountant and earned a Bachelor's
degree in Accounting from the University of
Cincinnati and an M.B.A. from Northwestern University.
In addition, the Company announced the appointment of
Andrew B. Cohen as Chair of its
Board of Directors, effective September
10, 2024. Mr. Cohen will succeed Kenneth W. Freeman, President Ad Interim of
Boston University, who served as Chair
since 2019 and will remain on the Board. Mr. Cohen, who has
served on Laureate's Board since 2013 and as Vice Chair of the
Board since May 2023, is the Chief
Investment Officer and Co-Founder of Cohen Private Ventures,
LLC.
"I am pleased to have the opportunity to further support the
Board and the Company's corporate governance as Chair, beginning in
September. The Company and its Board have benefitted greatly
from Ken's outstanding leadership as Chair of the Board over the
years. We sincerely thank Ken for his dedicated service as
Chair and for his continuing service on the Board," said
Andrew B. Cohen.
"I am honored to have served as Chairman of the Board these past
years," said Kenneth Freeman.
"I am pleased to welcome Andy as the new Chair in September and
look forward to supporting him in this new chapter and the
Company's continued achievements under his stewardship."
About Laureate Education, Inc.
Laureate Education, Inc. operates five higher education
institutions across Mexico and
Peru, enrolling approximately
450,000 students in high-quality undergraduate, graduate, and
specialized degree programs through campus-based and online
learning. Our universities have a deep commitment to academic
quality and innovation, strive for market-leading employability
outcomes, and work to make higher education more accessible. At
Laureate, we know that when our students succeed, countries
prosper, and societies benefit. Learn more at laureate.net.
Investor Relations Contact:
ir@laureate.net
Media Contact:
Adam
Smith
Laureate Education,
Inc.
adam.smith@laureate.net
U.S.: +1 (443) 255 0724
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SOURCE Laureate Education, Inc.