October 22, 2017 6:08 PM ET

Diversified Consumer Services

Company Overview of Laureate Education, Inc.

Company Overview

Laureate Education, Inc., together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through four segments: LatAm, Europe, AMEA, and GPS. The LatAm segment consists of campus-based institutions that provide undergraduate and graduate degree programs; and offers online and hybrid courses and programs. The Europe segment provides professional-oriented undergraduate and graduate degree programs. The AMEA segment offers professional-oriented undergraduate and graduate degree programs. The GPS segment includes accredited online institutions, which serve working adults with undergraduate and gradua...

650 South Exeter Street

Baltimore, MD 21202

United States

Founded in 1989

44,000 Employees

Phone:

410-843-6100

Key Executives for Laureate Education, Inc.

Founder, Chairman of the Board & CEO
Age: 51
Total Annual Compensation: $1.0M
President, Chief Administrative Officer & CFO
Age: 51
Total Annual Compensation: $592.0K
COO & CEO of Latin America Region
Age: 47
Total Annual Compensation: $694.3K
Chief Network Officer
Age: 63
Total Annual Compensation: $694.3K
Compensation as of Fiscal Year 2016.

Laureate Education, Inc. Key Developments

Laureate Education, Inc. Announces Management Changes, Effective January 1, 2018

Laureate Education, Inc. announced that, effective January 1, 2018, Eilif Serck-Hanssen, current President and Chief Administrative Officer (CAO), will become Chief Executive Officer (CEO); and Ricardo Berckemeyer, current Chief Operating Officer (COO), will assume the additional title of President. Douglas Becker, Laureate’s Founder, Chairman, and CEO, will become the non-executive Chairman of the Board of Directors. The transition plan, developed over several years by the Board of Directors and Becker, results in the promotions of Serck-Hanssen and Berckemeyer, two seasoned executives with 25 years of combined experience at Laureate. As part of this process, both executives were promoted in March 2017 to their current roles. Since joining Laureate in 2008 as Chief Financial Officer (CFO), Serck-Hanssen has been responsible for overseeing global finance, managing the growth of the company, leading the transition to a public company, and implementing the company’s business transformation initiatives which have dramatically improved efficiency and positioned the company to leverage the benefits of its global scale. Earlier this year, Serck-Hanssen became President and CAO. Prior to Laureate, Serck-Hanssen was CFO and President of International Operations at XOJET. Berckemeyer joined Laureate in 2002 and led much of Laureate’s acquisition activity in Latin America. He served as CEO of Latin America until his promotion earlier this year to COO when he began overseeing global operations. Prior to joining Laureate, Berckemeyer was Vice President for Latin America for Citigroup Global Insurance, and served as the Director of Global Business Development, Mergers and Acquisitions for Aetna International. Becker founded the predecessor company to Laureate through a small acquisition in 1989, followed by the acquisition of Sylvan Learning Centers in 1991.

Laureate Education, Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 11:00 AM

Laureate Education, Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 11:00 AM. Venue: The Phoenician, 6000 East Camelback Road, Scottsdale, Arizona, United States. Speakers: Douglas L. Becker, Founder, Chairman of the Board & CEO, Eilif Serck-Hanssen, President, Chief Administrative Officer & CFO, Emal Dusst, Chief of Staff to Founder and CEO, Swen Aron, Director, Corporate Finance and Investor Relations.

Laureate Education, Inc. Presents at BMO Capital Markets Back to School Education Conference, Sep-14-2017 11:15 AM

Laureate Education, Inc. Presents at BMO Capital Markets Back to School Education Conference, Sep-14-2017 11:15 AM. Venue: Grand Hyatt New York, Ballroom V, 109 East 42nd Street at Grand Central Terminal, New York, New York, United States. Speakers: Douglas L. Becker, Founder, Chairman of the Board & CEO.

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