-----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, APWSlEA1jK23wZ0pHHX0ge3C7ubwjLUaG+I3PycTybKBmSjpIvlDNsvfCWrsoL5U GvFBO3+T0Hbg2Z5nALIWvQ== 0001104659-05-033618.txt : 20050722 0001104659-05-033618.hdr.sgml : 20050722 20050722135140 ACCESSION NUMBER: 0001104659-05-033618 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050721 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050722 DATE AS OF CHANGE: 20050722 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAUREATE EDUCATION, INC. CENTRAL INDEX KEY: 0000912766 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 521492296 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22844 FILM NUMBER: 05968247 BUSINESS ADDRESS: STREET 1: 1001 FLEET STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4108436100 MAIL ADDRESS: STREET 1: 1001 FLEET STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SYLVAN LEARNING SYSTEMS INC DATE OF NAME CHANGE: 19930929 8-K 1 a05-13353_18k.htm 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): July 21, 2005

 

LAUREATE EDUCATION, INC.

(Exact name of registrant as specified in its charter)

 

Maryland

 

0-22844

 

52-1492296

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

1001 Fleet Street, Baltimore, Maryland 21202

(Address of principal executive offices)      (ZIP Code)

 

Registrant’s telephone number, including area code: (410) 843-6100

 


 

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:

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))

 

 



 

 

Section 5  - Corporate Governance and Management

 

Item 5.02                         Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

 

On July 21, 2005, Laureate Education, Inc. (the “Company”) announced the resignation of Mr. Sean R. Creamer, Senior Vice President and Chief Financial Officer.  Mr. Creamer has been with the Company for over nine years, most recently as the Company’s Senior Vice President and Chief Financial Officer since 2001.  The Company has initiated a search for a new Chief Financial Officer and has retained an executive search firm to assist in the process.

 

Mr. Creamer will remain with Laureate in his current capacity during a transition period to assist in the recruitment, selection and integration of his successor.

 

A copy of the press release issued by the Company on July 21, 2005 announcing Mr. Creamer’s resignation is attached as Exhibit 99.01 to the Current Report on Form 8-K.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01               Financial Statements and Exhibits

 

(c) Exhibits

 

99.01  Press Release issued July 21, 2005

 

2



 

SIGNATURE

 

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.

 

 

LAUREATE EDUCATION, INC.

 

 

 

 

 

/s/ Robert W. Zentz

 

 

Name: Robert W. Zentz

 

Title: Senior Vice President and

 

 

General Counsel

 

 

Date: July 22, 2005

 

 

3



 

Exhibit Index

 

Exhibit

 

Description

 

 

 

99.01

 

Press Release issued July 21, 2005

 

4


EX-99.01 2 a05-13353_1ex99d01.htm EX-99.01

Exhibit 99.01

 

Laureate Education Contacts:

 

 

Sean Creamer

 

Chris Symanoskie

Chief Financial Officer

 

Director, Investor Relations

(410) 843-8991

 

(410) 843-6394

 

LAUREATE EDUCATION, INC. ANNOUNCES DEPARTURE OF SEAN CREAMER AS CHIEF FINANCIAL OFFICER

 

BALTIMORE (July 21, 2005) — Laureate Education, Inc. (NASDAQ: LAUR), the world’s leading international provider of higher education, announced that Sean R. Creamer, the Company’s Senior Vice President and Chief Financial Officer has announced his intention to resign.

 

Mr. Creamer has received an offer to assume an executive position in a non-competing industry, but will remain with Laureate during a transition period to assist in the recruitment, selection and integration of his successor.  The Company has initiated an active global search for the CFO position.

 

Laureate Chairman and Chief Executive Officer, Douglas Becker stated, “We are sorry that Sean will be leaving in a few months, and we are grateful to him for the talented and deep finance team that he has built on our behalf.  Sean leaves as his legacy a unique combination of discipline and growth that will continue to characterize our company for years to come.  We appreciate his commitment to a smooth transition over the next several months before departing his position at Laureate.”

 

“A major factor in our success over the past several years has been our ability to hire very senior and experienced international executives who have taken on greater responsibilities as we became larger and larger.  I am very confident that we will find a CFO with strong international experience who will continue Sean’s efforts to take the company to the next level of sophistication and performance,” added Mr. Becker.

 

“While I am truly excited about this great opportunity, the professional and personal experience and success that I enjoyed during my nine years with the company made this a very difficult decision,” said Mr. Creamer.  “I am confident that Laureate is poised for continued strong growth and that our highly capable finance team will continue to provide quality finance support and control to the organization.”

 

About Laureate Education, Inc.

 

Laureate Education Inc. (NASDAQ: LAUR) is focused exclusively on providing a superior university experience to over 170,000 students through the leading global network of accredited campus-based and online universities. Addressing the rapidly growing global demand for higher education, Laureate offers a broad range of career-oriented undergraduate and graduate programs through campus-based universities located in Latin America, Europe, and Asia. Through online universities, Laureate offers the growing population of non-traditional, working-adult students the convenience and flexibility of distance learning to pursue undergraduate, master’s and doctorate degree programs in major career fields including engineering, education, business, and healthcare.  For more information, please visit our website, www.laureate-inc.com.

 



 

Forward Looking Statements

 

This release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.  Any such forward-looking statements may involve risk and uncertainties.  Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, the Company’s actual results could differ materially from those described in the forward-looking statements.

 

The following factors might cause such a difference:

                  The Company’s operations can be materially affected by competition in its target markets and by overall market conditions, among other factors.

                  The Company’s foreign operations, in particular, are subject to political, economic, legal, regulatory and currency-related risks.

 

Additional information regarding these risk factors and uncertainties is detailed from time to time in the Company’s filings with the Securities and Exchange Commission, including but not limited to our most recent Forms 10-K and 10-Q, available for viewing on our website.  (To access this information on our website, www.laureate-inc.com, please click on “Investor Relations”, “SEC Filings”)

 

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