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
7, 2011
______________
DEVRY
INC.
(Exact
name of registrant as specified in its charter)
______________
|
Delaware |
1-13988 |
36-3150143 |
|
(State of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
3005 Highland Parkway Downers Grove, Illinois |
60515 |
|
(Address of principal executive offices) |
(Zip Code) |
(630) 515-7700
(Registrant’s
telephone number, including area code)
N/A
(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 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(c) On March 7, 2011, DeVry Inc. announced the appointment of Robert Paul as the president of Carrington Colleges Group, which comprises Carrington College and Carrington College California. He succeeds George Montgomery, who will retire as president. Mr. Paul is expected to move into his new role over the summer with Mr. Montgomery remaining through the end of calendar 2011 to ensure a seamless transition of duties at Carrington.
Currently DeVry University’s vice president of metro operations, Mr. Paul began his career at DeVry University in 2007 as vice president of campus operations. His responsibilities were later expanded to include oversight of the university’s network of nearly 100 North American locations. He has been instrumental in the success of several major projects at DeVry University including the creation of Student Central, a program that focuses on world-class support services to help more students succeed in school and graduate.
Mr. Paul is an 18-year veteran of private-sector higher education, having worked for University of Phoenix for 14 years. He has served in a variety of leadership roles across numerous locations during his higher education career including director of enrollment, campus director, and regional vice president. Mr. Paul holds a bachelor’s degree in English from McDaniel College and a master’s degree in Organizational Management from University of Phoenix.
Item 7.01. Regulation FD Disclosure.
A copy of DeVry’s press release announcing the appointment of Mr. Paul as president of Carrington Colleges Group and the retirement of Mr. Montgomery is furnished as Exhibit 99.1 to this Report and is incorporated by reference into this item.
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release dated March 7, 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.
|
DEVRY INC. |
|||
| (Registrant) | |||
| Date: |
March 7, 2011 |
By: |
/s/ Richard M. Gunst |
|
Richard M. Gunst |
|||
|
Senior Vice President, Chief Financial Officer |
|||
|
and Treasurer |
|||
EXHIBIT INDEX
|
Exhibit |
||
|
Number |
Description | |
| 99.1 |
Press Release dated March 7, 2011. |
Exhibit 99.1
Robert Paul Named President of Carrington Colleges Group
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--March 7, 2011--DeVry Inc. (NYSE:DV), a global provider of educational services, today announced the appointment of Robert Paul as president of Carrington Colleges Group, which comprises Carrington College and Carrington College California. Paul, who is currently DeVry University’s vice president of metro operations, succeeds George Montgomery, who is retiring.
Montgomery has led Carrington for nine years and was one of the key architects in the successful integration of Carrington into the DeVry family of schools in 2008. Paul is expected to move into his new role over the summer with Montgomery remaining through the end of calendar 2011 to ensure a seamless transition of duties.
"During his extensive and impressive career, George has earned an outstanding reputation as a strategic leader and wonderful manager," stated Bill Hughson, president of the Healthcare Group of DeVry Inc. "As president of Carrington, George shepherded the growth of the schools’ programs and locations, while maintaining our unwavering focus on quality and successful student outcomes. I would like to thank George for his dedicated service to DeVry and wish him the very best in his retirement.”
"We have a deep bench of management talent and are pleased to be able to promote from within our leadership team," Hughson added. "Rob is a proven leader and an experienced operator with a deep knowledge of postsecondary education. I am confident he will continue to build upon the strong foundation already in place at Carrington."
About Robert Paul
Paul joined DeVry University in 2007 as vice president of campus operations. His responsibilities were later expanded to include oversight of the university’s network of nearly 100 North American locations. He has been instrumental in the success of several major projects at DeVry University including the creation of Student Central, a program that focuses on world-class support services to help more students succeed in school and graduate.
Paul is an 18-year veteran of private-sector higher education, having worked for University of Phoenix for 14 years. He has served in a variety of leadership roles across numerous locations during his higher education career including director of enrollment, campus director, and regional vice president.
Paul holds a bachelor’s degree in English from McDaniel College and a master’s degree in Organizational Management from University of Phoenix.
About DeVry Inc.
DeVry's purpose is to empower its students to achieve their educational and career goals. DeVry (NYSE: DV, member S&P 500 Index) is a global provider of educational services and the parent organization of Advanced Academics, Becker Professional Education, Carrington College, Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, and Ross University Schools of Medicine and Veterinary Medicine. These institutions offer a wide array of programs in business, healthcare and technology. DeVry’s institutions serve students in secondary through postsecondary education and professionals in accounting and finance. For more information, please call 630.353.3800 or visit http://www.devryinc.com.
CONTACT:
DeVry Inc.
Investor Contact:
Joan Bates, (630) 353-3800
jbates@devry.com
or
Media
Contact:
Larry Larsen, (312) 895-4717
llarsen@sardverb.com