Career Education Corp. (CECO) said Monday that it has appointed Scott Steffey, former Chief Operating Officer of Strayer Education, Inc., and Vice Chancellor of the State University of New York, as its President and Chief Executive Officer. effective immediately.
Steffey will also be nominated to stand for election to the Career Education Board of Directors at the upcoming Annual Meeting of Stockholders.
Steve Lesnik, who has served as interim CEO, will remain as Chairman of the Board of Directors through the Annual Meeting.
Steffey's career includes leadership roles spanning the education spectrum as well as senior posts at both publicly- and privately-held businesses. Most notably, he served as Executive Vice President & Chief Operating Officer of Strayer Education, Inc., and Chairman of the Board of Trustees of Strayer University.
Most recently, Steffey was Founder and President of Symposium Ventures, a private equity firm serving private sector and nonprofit education institutions.
For comments and feedback: editorial@rttnews.com