March 06, 2015 6:55 AM ET

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Company Overview of Rasmussen College, Inc.

Company Overview

Rasmussen College, Inc. is an educational institution that offers diploma, bachelor, and associate degree programs. It provides courses focusing on business, health sciences, technology and design, education, nursing, and justice studies. The institution was formerly known as Rasmussen Practical School of Business and changed its name to Rasmussen College, Inc. in 1945. Rasmussen College, Inc. was founded in 1900 and is headquartered in Bloomington, Minnesota.

4400 West 78th Street

6th Floor

Bloomington, MN 55345

United States

Founded in 1900

Phone:

952-545-2000

Fax:

952-545-7038

Key Executives for Rasmussen College, Inc.

Vice Chairman and Chief Executive Officer
Age: 46
Chief Financial Officer
Chief Executive Officer of Rasmussen College
Age: 52
President of Rasmussen College
Vice President of Compliance and Financial Services
Compensation as of Fiscal Year 2014.

Rasmussen College, Inc. Key Developments

Rasmussen College Announces Executive Changes, Effective March 30, 2015

Rasmussen College announced Kristi Waite plans to retire as president of the College after serving in the post for 17 years. Waite's retirement will be effective March 30, 2015. Upon her retirement from the presidency, Waite will assume the position of vice chairperson of the Rasmussen College Board of Directors. The College has selected Dr. Trenda Boyum-Breen to assume the presidency on March 30, 2015. Dr. Boyum-Breen joined Rasmussen College in 2012 as chief academic officer. Prior to that position, she served as vice president at Metropolitan State University.

Rasmussen College Announces Transition from Traditional For-Profit Corporation to Public Benefit Corporation

Rasmussen College announced its transition from a traditional for-profit corporation to a Public Benefit Corporation. The change in corporate status reflects the commitment of the College to a higher standard of transparency, accountability and public service while harnessing the power of business to make a positive impact on society. Through the Public Benefit Corporation designation, Rasmussen College joins more than 850 companies spanning 60 industries.

Rasmussen College Opens Law Enforcement Training Facility in Eagan

Rasmussen College announced the opening of a Law Enforcement Training Facility at its Eagan campus. The new 8,000-square-foot location includes several modern, scenario training rooms in which students can practice situations they may encounter as a law enforcement officer. Training courses will be led by a faculty made up of currently working or recently retired officers from police departments and sheriff's offices in the metro area. Upon completion of the Rasmussen College Law Enforcement Skills program, students take the Peace Officer Standard and Training (POST) Board licensing exam and will be certified to practice law enforcement in the state of Minnesota.

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