-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PkLtWipiMYMmAHC6RaVx9XaoQMKCzmM3iuy2mLny9aXPOyeAm86xl5K5sU5wDFWj Gm6QLLMC/JIXAGN8z6gzKQ== 0001046568-07-000020.txt : 20071116 0001046568-07-000020.hdr.sgml : 20071116 20071116170902 ACCESSION NUMBER: 0001046568-07-000020 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20071116 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20071116 DATE AS OF CHANGE: 20071116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAREER EDUCATION CORP CENTRAL INDEX KEY: 0001046568 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 363932190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 071254074 BUSINESS ADDRESS: STREET 1: 2895 GREENSPOINT STREET 2: SUITE 600 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60195 BUSINESS PHONE: 8477813600 MAIL ADDRESS: STREET 1: 2800 WEST HIGGINS ROAD STREET 2: SUITE 790 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60195 8-K 1 form8k.htm FORM 8K Unassociated Document
 


 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
Date of Report (Date of Earliest Event Reported): November 16, 2007
 
Career Education Corporation
(Exact Name of Registrant as Specified in Charter)
 
Delaware
 
0-23245
 
36-3932190
(State or Other Jurisdiction
 
(Commission
 
(IRS Employer
of Incorporation)
 
File Number)
 
Identification No.)
 

 
2895 Greenspoint Parkway, Suite 600, Hoffman Estates, IL
 
60169
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code (847) 781-3600
 
(Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On November 16, 2007, Career Education Corporation (the “Company”) issued a press release announcing the resignation of Keith K. Ogata as a director of the Company effective December 3, 2007.  Mr. Ogata did not resign because of any disagreement with the Company.  A copy of the Company’s press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.


Item 9.01 Financial Statements and Exhibit.

(d) Exhibit

Exhibit
Number                      Description of Exhibit

99.1
Press release of Company, dated November 16, 2007, reporting the resignation of Keith K. Ogata as a director of the Company effective December 3, 2007.

 
 
 
 
2  
 
 

 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
CAREER EDUCATION CORPORATION
     
 
By:
/s/ Michael J. Graham
   
Michael J. Graham
   
Executive Vice President and Chief Financial Officer
 
Dated: November 16, 2007
 
3  

 
 
 
 
EX-99.1 2 exhibit991.htm PRESS RELEASE EXHIBIT Unassociated Document
                                                                                                                          0;                                        Exhibit 99.1

 

FOR IMMEDIATE RELEASE

Contact:
Media:
Lynne Baker
847-851-7006
Andrea Meyer
847-585-3937

Investors:
Karen King
847-585-3899

www.careered.com


Career Education Corporation Announces Change to Board of Directors
 Keith K. Ogata to Step Down; Company Initiates New Director Search

 
HOFFMAN ESTATES, Ill.--(November 16, 2007)--Career Education Corporation (NASDAQ:CECO) announced today that Keith K. Ogata has decided to step down from the board of directors of the company. His departure will be effective December 3, 2007.
 
“My tenure at Career Education has been exciting and rewarding.  This was a difficult decision for me but necessary due to increasing time commitments associated with new business interests and activities,” said Ogata.  “I am grateful to have been on the board of the company since 1998, seen the company through challenging times and into a new phase of its corporate life with a management team that I believe will lead the company to long-term success and value growth for all stakeholders.”
 
Ogata currently serves as the chairman of the audit committee and a member of the compliance committee.  After Ogata steps down, fellow audit committee member Dennis Chookaszian will take on the position of chairman of the audit committee, and director Tom Lally will join the audit committee.
 
“Keith has been an active member of the board and we thank him for his commitment, counsel and guidance,” said Gary McCullough, president and chief executive officer of Career Education Corporation. “We have initiated a search for a new independent director who will bring complementary background and skill sets to the board as it continues to guide and strengthen the company.”
 
 
About Career Education Corporation
 
The colleges, schools, and universities that are part of the Career Education Corporation (CEC) family offer high quality education to 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 Canada, 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 its 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, among others, the Le Cordon Bleu Schools North America; Harrington College of Design; Brooks Institute; International Academy of Design; 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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