Laureate Education Appoints New CEO, Board Changes
Ticker: LAUR · Form: 8-K · Filed: Dec 13, 2024 · CIK: 912766
| Field | Detail |
|---|---|
| Company | Laureate Education, Inc. (LAUR) |
| Form Type | 8-K |
| Filed Date | Dec 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.004, $1,000,000, $5,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, board-change, management-transition
TL;DR
New CEO Becker in at Laureate, board shakeup too. Big changes coming?
AI Summary
Laureate Education, Inc. announced on December 12, 2024, a series of executive and board changes. Douglas L. Becker has been appointed as the new Chief Executive Officer, succeeding Eilidh McAllister. Additionally, the company elected new directors to its Board, including Douglas L. Becker, Robert W. Stein, and others, effective December 12, 2024.
Why It Matters
This filing indicates significant leadership transitions at Laureate Education, Inc., which could signal a new strategic direction for the company.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty and potential shifts in strategy, impacting the company's future performance.
Key Players & Entities
- Laureate Education, Inc. (company) — Registrant
- Douglas L. Becker (person) — Appointed CEO and Director
- Eilidh McAllister (person) — Departing CEO
- Robert W. Stein (person) — Elected Director
- December 12, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new CEO of Laureate Education, Inc.?
Douglas L. Becker has been appointed as the new Chief Executive Officer.
Who did Douglas L. Becker succeed as CEO?
Douglas L. Becker succeeded Eilidh McAllister as CEO.
When were the board changes effective?
The board changes were effective as of December 12, 2024.
Besides Douglas L. Becker, who else was elected to the Board of Directors?
Robert W. Stein was also elected to the Board of Directors, among others.
What is the principal executive office address for Laureate Education, Inc.?
The principal executive offices are located at PMB 1158, 1000 Brickell Avenue, Suite 715, Miami, FL 33131.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 14 · Accepted 2024-12-13 16:12:53
Key Financial Figures
- $0.004 — ich registered Common Stock, par value $0.004 per share LAUR The NASDAQ Stock Mar
- $1,000,000 — provides for (i) annual base salary of $1,000,000 (pro-rated for partial years), effectiv
- $5,000,000 — an aggregate grant date value equal to $5,000,000, comprised of restricted stock units (t
Filing Documents
- d896419d8k.htm (8-K) — 23KB
- 0001193125-24-278516.txt ( ) — 146KB
- laur-20241212.xsd (EX-101.SCH) — 3KB
- laur-20241212_lab.xml (EX-101.LAB) — 18KB
- laur-20241212_pre.xml (EX-101.PRE) — 11KB
- d896419d8k_htm.xml (XML) — 4KB
SIGNATURES
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. LAUREATE EDUCATION, INC. By: /s/ Leslie S. Brush Name: Leslie S. Brush Title: Senior Vice President, Chief Legal Officer and Secretary Date: December 13, 2024