0001193125-11-073993.txt : 20110322 0001193125-11-073993.hdr.sgml : 20110322 20110322172547 ACCESSION NUMBER: 0001193125-11-073993 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20110322 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110322 DATE AS OF CHANGE: 20110322 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: 11704725 BUSINESS ADDRESS: STREET 1: 2895 GREENSPOINT STREET 2: SUITE 600 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60169 BUSINESS PHONE: 8477813600 MAIL ADDRESS: STREET 1: 2895 GREENSPOINT PARKWAY STREET 2: SUITE 600 CITY: HOFFMAN ESTATES STATE: IL ZIP: 60169 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

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) March 22, 2011

 

 

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   0-23245   36-3932190

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

231 North Martingale Rd.

Schaumburg, IL

  60173
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code (847) 781-3600

Not Applicable

(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):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01. Other Events.

On March 22, 2011, Career Education Corporation (the “Company”) issued a press release announcing the resignation of George K. Grayeb as the Company’s Senior Vice President –Health Education Strategic Business Unit effective March 31, 2011.

A copy of the press release announcing the foregoing change is attached hereto as Exhibit 99.1, and the information contained in the press release is incorporated by reference to this Report.

Item 9.01. Financial Statements and Exhibits.

(a) None.

(b) None.

(c) None.

(d) Exhibits.

 

Exhibit
Number

  

Description of Exhibits

99.1    Press release of Company dated March 22, 2011.


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

/s/      Michael J. Graham

Michael J. Graham
Executive Vice President and Chief Financial Officer

Dated: March 22, 2011


Exhibit Index

 

Exhibit
Number

  

Description of Exhibits

99.1    Press release of Company dated March 22, 2011.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

LOGO

 

  CONTACT:
 

Mark Spencer

 

847.585.3802

mdspencer@careered.com

Career Education Corporation Announces Resignation of George K. Grayeb

Schaumburg, Ill., March 22, 2011 – 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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