Walden University

Lovell Minnick Partners Appoints Marshall Lux and Robert Orefice to Advisory Council

Retrieved on: 
Thursday, March 14, 2024

Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, today announced the appointment of Marshall Lux and Robert Orefice to its Advisory Council.

Key Points: 
  • Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, today announced the appointment of Marshall Lux and Robert Orefice to its Advisory Council.
  • Marshall Lux brings over 35 years of experience and most recently served as Senior Partner at BCG and McKinsey, where he focused on all manner of Financial Services and Private Equity.
  • Marshall also serves as an independent member of various Boards, including Mphasis, Flagstar and Guardian Life Mutual Funds.
  • "We are excited to welcome Marshall and Robert as the newest members of our Advisory Council,” says Steve Pierson, Managing Partner at LMP.

Adtalem Global Education Honors Over 5,500 Graduates at Walden University’s 70th Commencement

Retrieved on: 
Friday, March 1, 2024

Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University in January, honoring the accomplishments of the over 5,500 graduates since last year’s ceremony.

Key Points: 
  • Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University in January, honoring the accomplishments of the over 5,500 graduates since last year’s ceremony.
  • The commencement brought together nearly 1,200 graduates from over 20 countries and almost 50 states to San Antonio, Texas.
  • Walden University, which offers more than 100 degree and certificate programs online, ranks No.
  • The newly minted alumni join a vast network of over 300,000 Adtalem graduates.

Adtalem Global Education Counters Safkhet Capital Report

Retrieved on: 
Thursday, February 1, 2024

Adtalem Global Education, Inc. (NYSE: ATGE) responds to claims in a report released on January 30 from Safkhet Capital.

Key Points: 
  • Adtalem Global Education, Inc. (NYSE: ATGE) responds to claims in a report released on January 30 from Safkhet Capital.
  • Safkhet Capital Assertion: Adtalem should impair its $1.48 billion acquisition of Walden.
  • Safkhet Capital Assertion: Graduation rates and attrition rates across all Adtalem schools are trailing far behind national averages.
  • Safkhet Capital Assertion: We believe the gainful employment rule will likely result in the closure of numerous Adtalem degree programs.

Lost Money in Adtalem Global Education? Gibbs Law Group Investigates Potential Securities Law Violations

Retrieved on: 
Wednesday, January 31, 2024

Gibbs Law Group is investigating a potential Adtalem Securities Class Action Lawsuit on behalf of shareholders who lost money in Adtalem (NYSE: ATGE).

Key Points: 
  • Gibbs Law Group is investigating a potential Adtalem Securities Class Action Lawsuit on behalf of shareholders who lost money in Adtalem (NYSE: ATGE).
  • If you purchased Adtalem securities during the Class Period, you may be entitled to potential compensation without paying any out-of-pocket fees or costs.
  • In November, Walden University which was acquired by Adtalem, was put under investigation by the Department of Education.
  • Following the short seller report, Adtalem stock plummeted over 23% in intraday trading on January 30th, causing significant harm to investors.

Adtalem Global Education Fiscal Second Quarter 2024 Results; Guidance Raised

Retrieved on: 
Tuesday, January 30, 2024

Adtalem Global Education Inc. (NYSE: ATGE) today reported second quarter fiscal 2024 results (ended Dec. 31, 2023) reflecting accelerated total enrollment and revenue growth, underpinned by strong profitability and high-quality academic outcomes through executing Growth with Purpose strategy.

Key Points: 
  • Adtalem Global Education Inc. (NYSE: ATGE) today reported second quarter fiscal 2024 results (ended Dec. 31, 2023) reflecting accelerated total enrollment and revenue growth, underpinned by strong profitability and high-quality academic outcomes through executing Growth with Purpose strategy.
  • “Adtalem once again performed ahead of expectations this quarter, solidifying our position as a leading healthcare educator,” said Steve Beard, president, and chief executive officer, Adtalem Global Education.
  • “Our success was primarily driven by the continued execution of our Growth with Purpose strategy, which has yielded robust organic revenue growth, improved operational efficiencies and outstanding student outcomes.
  • Reflecting the higher level of sustainable enrollment and our confidence in our ability to continue to deliver strong top- and bottom-line performance, we are raising our fiscal year 2024 guidance.

Former USAF Wing Commander Trey Coleman Joins Raft as Chief Product Officer

Retrieved on: 
Thursday, January 4, 2024

WASHINGTON, Jan. 4, 2024 /PRNewswire/ -- Raft, a full stack engineering and digital consultancy serving defense and intelligence agencies, today announced retired Colonel Frederick "Trey" Coleman III will join the firm as its first Chief Product Officer.

Key Points: 
  • WASHINGTON, Jan. 4, 2024 /PRNewswire/ -- Raft, a full stack engineering and digital consultancy serving defense and intelligence agencies, today announced retired Colonel Frederick "Trey" Coleman III will join the firm as its first Chief Product Officer.
  • Coleman retired from the United States Air Force in 2023 and will lead Raft's corporate offerings strategy, product portfolio and innovation to deliver operational advantage to its government customers.
  • "Trey is an incredible leader, technologist and defense expert.
  • "I chose to partner with Raft for three main reasons: its cutting-edge products, its military customers' mission, and its widely celebrated culture."

Adtalem Global Education Announces Fiscal First Quarter 2024 Results

Retrieved on: 
Thursday, October 26, 2023

Adtalem Global Education Inc. (NYSE: ATGE) today reported first quarter fiscal 2024 results (ended Sept. 30, 2023) reflecting a return to total enrollment growth and enhanced academic outcomes.

Key Points: 
  • Adtalem Global Education Inc. (NYSE: ATGE) today reported first quarter fiscal 2024 results (ended Sept. 30, 2023) reflecting a return to total enrollment growth and enhanced academic outcomes.
  • “Our strategic transformation program – Growth with Purpose – achieved another milestone during the first quarter – returning Adtalem to total enrollment growth,” said Steve Beard, president, and chief executive officer, Adtalem Global Education.
  • This gives us the confidence to raise our expectations for fiscal 2024.
  • With more than 80,000 students and 300,000 alumni, Adtalem is well-positioned to address critical healthcare provider shortages.

Ernest Anye Joins First Farmers as Information Security Officer

Retrieved on: 
Tuesday, October 10, 2023

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Ernest Anye, DIT, CISSP, has joined the bank as its Information Security Officer.

Key Points: 
  • First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Ernest Anye, DIT, CISSP, has joined the bank as its Information Security Officer.
  • “We are pleased to announce that Ernest Anye joined our bank in the newly created role of Information Security Officer,” stated Brian K. Williams, First Farmers’ Chairman and CEO.
  • “His extensive experience in information technology and cybersecurity will enhance our information security strategies in conjunction with our Information Technology team, bank regulators and other industry-relevant security standards.
  • In this new role, he is responsible for planning, implementing and maintaining information security measures to safeguard the bank’s corporate and customer information.

The Inner Circle Acknowledges, William Wallace as a Top Pinnacle Lifetime Achiever for his contributions to the Education & Training Field

Retrieved on: 
Friday, October 13, 2023

WILLIAMSBURG, Va., Oct. 13, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, William Wallace is acknowledged as a Top Pinnacle Lifetime Achiever for his contributions to the Education & Training Field.

Key Points: 
  • WILLIAMSBURG, Va., Oct. 13, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, William Wallace is acknowledged as a Top Pinnacle Lifetime Achiever for his contributions to the Education & Training Field.
  • Highly educated and trained, Dr. Wallace began his educational journey at The University of Louisville where he earned a Bachelor of Science degree in Education and Technology.
  • He also attended Embry-Riddle Aeronautical University and earned a Master's in Business Administration (MBA) degree.
  • He completed his formal education at Walden University where he earned a Doctor of Philosophy (PhD) degree.

Emily Williams Knight, Ed.D. joins Operation Homefront's National Board of Directors

Retrieved on: 
Wednesday, October 11, 2023

SAN ANTONIO, Oct. 11, 2023 /PRNewswire-PRWeb/ -- Operation Homefront, a leading national nonprofit dedicated to serving America's military families, has elected Dr. Emily Williams Knight, CEO of the Texas Restaurant Association and Education Foundation, to its national board of directors.

Key Points: 
  • SAN ANTONIO, Oct. 11, 2023 /PRNewswire-PRWeb/ -- Operation Homefront, a leading national nonprofit dedicated to serving America's military families, has elected Dr. Emily Williams Knight, CEO of the Texas Restaurant Association and Education Foundation, to its national board of directors.
  • "I am thrilled Emily will be joining our very talented board of directors," said Brig Gen (ret) John I. Pray, Jr., President and CEO of Operation Homefront.
  • "On behalf of our entire board, I want to welcome Emily to Operation Homefront," said Uli Correa, chair of Operation Homefront's board of directors.
  • Knight also serves on the Texas Travel and Tourism Board, the University of North Texas School of Hospitality Advisory Board, and the Texas Business Roundtable.