|[November 13, 2012]
Ron McCray Joins Career Education Corporation Board of Directors
SCHAUMBURG, Ill. --(Business Wire)--
Career Education Corporation (CEC) (NASDAQ: CECO), a global provider of
postsecondary education programs and services, announced that Ron McCray
was today elected to the company's Board of Directors.
Ron McCray was today elected to the Board of Directors for Schaumburg, Ill.-based, Career Education Corporation. A private investor and corporate director, McCray serves on the governing boards of Harvard Law School, Southern Methodist University's Dedman School of Law and Cornell University. (Photo: Business Wire)
A private investor and corporate director, McCray serves on the
governing boards of Harvard Law School, Southern Methodist University's
Dedman School of Law and Cornell University, where he co-chairs the
Finance Committee. He also serves on the governing boards of newspaper
publisher A. H. Belo, where he is the chairman of the compensation
committee, and ROI Acquisition, where he is chairman of the Nominating
and Governance Committee.
In 2011, President Barack Obama nominated McCray and the U.S. Senate
confirmed him to be a member of the Federal Retirement Thrift Investment
Board. He previously served on the board of directors of newspaper
publisher Knight Ridder, Inc. and Kimberly-Clark de Mexico S.A. de CV.
He is also a member of the Council on Foreign elations and a minority
owner of the Boston Celtics NBA franchise.
"Ron brings a wide range of experience to our board of directors, from
traditional higher education to private sector companies to government
and the law," Chairman, President and CEO Steven H. Lesnik said. "Our
entire board is looking forward to the insights he will bring to our
company as we execute our new strategy for the future of Career
McCray previously served as the Chief Administrative Officer of Nike,
Inc., with responsibility for strategic leadership and for oversight of
various businesses and administrative functions. Prior to joining Nike,
he served as chief legal officer of manufacturer Kimberly-Clark
Corporation, with global responsibility for strategic leadership as well
as legal, internal audit, compliance and other administrative functions.
He practiced corporate, securities and finance law at Weil, Gotshal &
Manges and Jones Day.
After graduating from Cornell University, McCray attended Harvard Law
School, where he served as the editor and business manager of the
Harvard Civil Rights/Civil Liberties Law Review.
He brings to eight the number of members currently serving on the Career
Education Corporation Board of Directors.
About Career Education Corporation
The colleges, schools and universities that are part of the Career
Education Corporation ("CEC") family offer high-quality education to a
diverse student population of more than 80,000 students across the world
in a variety of career-oriented disciplines through online, on-ground
and hybrid learning program offerings. The more than 90 campuses that
serve these students are located throughout the United States and in
France, the United Kingdom and Monaco, and offer doctoral, master's,
bachelor's and associate degrees and diploma and certificate programs.
CEC is an industry leader whose institutions are recognized globally.
Those institutions include, among others, American InterContinental
University ("AIU"); Brooks Institute; Colorado Technical University
("CTU"); Harrington College of Design; INSEEC Group ("INSEEC") Schools;
International University of Monaco ("IUM"); International Academy of
Design & Technology ("IADT"); Le Cordon Bleu North America ("LCB"); and
Sanford-Brown Institutes and Colleges. Through its schools, CEC is
committed to providing high-quality education, enabling students to
graduate and pursue rewarding career opportunities.
For more information, see CEC's website at www.careered.com.
The website includes a detailed listing of individual campus locations
and web links to CEC's colleges, schools, and universities.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20121113007360/en/
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