Scott Steffey Named President & CEO of Career Education

  Scott Steffey Named President & CEO of Career Education

   Veteran U.S. Education and Business Executive to Lead Organization that
    Operates France’s INSEEC Group and International University of Monaco

Business Wire

SCHAUMBURG, Ill. -- April 8, 2013

Career Education Corporation (CEC) (NASDAQ: CECO), a global provider of
postsecondary education programs and services – whose European schools include
the Paris-based INSEEC Group and the International University of Monaco –
today named veteran education and business leader Scott Steffey its President
and Chief Executive Officer.

Steffey’s career includes leadership roles spanning the education spectrum as
well as senior posts at both publicly- and privately-held businesses. He was
previously Chief Operating Officer of Strayer Education, Inc., and Vice
Chancellor of the State University of New York (SUNY), both in the United
States.

During his tenure as the senior operating officer, SUNY was the largest
non-profit, unified system of postsecondary education in the United States –
comprised of 64 degree-granting campuses, with 400,000 students, several
vocational centers, and 75,000 faculty and administrators. He helped lead a
transformation of the SUNY system, resulting in greater academic quality and
achievement at its campuses, significant enrollment growth, revenue growth,
expense containment, and a large capital re-investment in its campus
infrastructure.

As Executive Vice President & Chief Operating Officer (COO) of Strayer
Education, Inc., Steffey was a hands-on force in driving operational
excellence and efficiency, academic integrity and accountability, innovative
online learning and prudent enrollment growth. He also served as Chairman of
the Board of Trustees of Strayer University.

Paris-based INSEEC Group of schools includes elite “Grande Ecole” and campuses
in Paris, Bordeaux, Lyon and Chambéry, France. The business-focused programs
of INSEEC include master’s degrees and programs in business administration,
concentrations in marketing research, luxury marketing, communications,
advertising, tourism, and food and wine marketing. Some specialties are
developed in London and Chicago.

“The INSEEC Group and International University of Monaco (IUM) are known for
their academic excellence and attract students from around the world,” Steffey
said. “We must continue to foster INSEEC and the quality education programs
that have distinguished them in Europe.”

Catherine Lespine continues to serve as General Manager of the INSEEC Group
and IUM. In 2011, the French Minister of National Education named Lespine
“Chevalier dans l’ordre des Palmes académiques,” an order of chivalry for
academics, which honors outstanding devotion and accomplishment in the areas
of teaching and research.

Steffey added: “I look forward to working with and supporting Catherine and
her efforts to continue delivering high academic programs throughout Western
Europe.”

Since 1975, the INSEEC Group has been developing innovative higher education
programs, from bachelor to DBA degrees, in a wide range of areas. Its
commitment has been to design programs adapted to ease access to the job
market for its alumni.

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 75,000 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.

Contact:

Career Education Corporation
Mark Spencer, 00-1-847-585-3802
mdspencer@careered.com
 
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