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)
April
21, 2013
______________
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, IL |
60515 |
|
(Address of principal executive offices) |
(Zip Code) |
(630) 571-7700
(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.
On April 21, 2013, William B. Hughson, President, Healthcare Group, DeVry Inc. (“DeVry”), informed DeVry of his decision to resign from DeVry, effective May 24, 2013, in order to accept a position as Chief Executive Officer of IntegraMed Fertility, an operator of fertility clinics based in New York.
Item 8.01. Other Events
On April 25, 2013, DeVry issued a press release announcing the resignation of William B. Hughson, President of DeVry’s Healthcare Group and the appointment of Steve Riehs to serve as President of DeVry Medical International. Steve Riehs will also continue to serve as President of DeVry’s International, K-12 and Professional Education segment. The full text of that press release is included in Exhibit 99.1 in this Form 8-K.
Item 9.01. Financial Statements and Exhibits
99.1 Press Release dated April 25, 2013
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: |
April 25, 2013 |
By: |
/s/ Patrick J. Unzicker |
|
Patrick J. Unzicker |
|||
|
Vice President, Finance and Chief Accounting Officer |
|||
EXHIBIT INDEX
|
Exhibit Number |
Description |
|
| 99.1 |
Press Release dated April 25, 2013 |
Exhibit 99.1
Riehs to Lead DeVry Medical International
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--April 25, 2013--DeVry Inc. (NYSE: DV), a global provider of educational services, today announced that William B. Hughson will leave his position as president of DeVry’s healthcare group effective May 24, 2013 to become president and chief executive officer of IntegraMed Fertility, an operator of fertility clinics.
Steven Riehs will assume the role of president of DeVry Medical International, which is comprised of American University of the Caribbean and Ross University’s Schools of Medicine and Veterinary Medicine. Riehs joined DeVry eight years ago as vice president and general manager of online operations. He was named president of DeVry Online Services in 2008, successfully growing the division into one of the largest online operations in the U.S. In 2010, he became president of DeVry’s International, K-12 and Professional Education segment, overseeing Advanced Academics, Becker Professional Education, DeVry Brasil, and international expansion. In addition to DeVry Medical International, Riehs will maintain leadership responsibility for DeVry’s International, K-12 and Professional Education segment.
DeVry’s Medical and Healthcare segment continues to be an important part of its growth and diversification strategy. In addition to Riehs’ leadership of DeVry Medical International, the segment will have continuing leadership from Rob Paul, president of Carrington Colleges Group, and Susan Groenwald, president of Chamberlain College of Nursing.
“We wish Bill success in his future career endeavors and appreciate his contributions to DeVry,” said Daniel Hamburger, president and chief executive officer of DeVry. “I am extremely confident in Steve’s ability to take the helm at DeVry Medical International. His background in healthcare coupled with his knowledge of the education sector and DeVry will allow a seamless transition.”
Riehs has a strong background in healthcare with several years of experience driving hospital performance improvement at Rush Hospital in Chicago. He was also vice president in the medical division of Kaplan Educational Centers and vice president and chief operating officer of Compass Medical Education. He was also an assistant professor for 10 years in the Masters of Health Systems Management program at Rush University. Immediately prior to joining DeVry, Riehs was CEO of BrainX, Inc., an education software company.
Riehs has an MBA from the University of Chicago Booth School of Business, and a bachelor’s degree in Industrial Engineering and Management Science from Northwestern University.
About DeVry Inc.
DeVry's purpose is to empower its students to achieve their educational and career goals. DeVry (NYSE: DV; member S&P MidCap 400 Index) is a global provider of educational services and the parent organization of Advanced Academics, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Carrington College California, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine. These institutions offer a wide array of programs in business, healthcare, technology, accounting and finance. For more information, please call 630.353.3800 or visit http://www.devryinc.com.
CONTACT:
DeVry Inc.
Investor Contact:
Joan Bates
jbates@devry.com
(630)
353-3800
or
Media Contact:
Mike DeGraff
mdegraff@sardverb.com
(312)
895-4700