October 22, 2017 5:40 PM ET

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Company Overview of The University of Phoenix, Inc.

Company Overview

The University of Phoenix, Inc. is an educational institution that offers undergraduate, graduate, and doctoral programs. It provides courses in business, criminal justice, education, health care, human services, information technology, management, and nursing. The institution was founded in 1976 and is based in Tempe, Arizona. The University of Phoenix, Inc. is a part of Apollo Education Group, Inc.

1625 West Fountainhead Parkway

Tempe, AZ 85282-2371

United States

Founded in 1976

6,996 Employees

Phone:

844-937-8679

Key Executives for The University of Phoenix, Inc.

Senior VP of Integrated Academic Strategies and Development & Head of Academic Programming
Age: 66
Adjunct Faculty
Enrollment Counselor of Oklahoma City Campus
Director of Sacramento Valley Campus
Compensation as of Fiscal Year 2017.

The University of Phoenix, Inc. Key Developments

University of Phoenix Names Peter Cohen as President

University of Phoenix reported that the institution's board of trustees has named Peter Cohen as the new president of the University. as the eighth University of Phoenix president, Cohen succeeds Timothy P. Slottow, who began his tenure at the University in 2014 and announced his intention to depart in March 2017. Cohen brings more than 20 years of experience in the education and learning science sectors to his new role with University of Phoenix. Cohen has served as Executive Vice President of McGraw-Hill Education since December 2016, and previously was Group President of U.S. Education, overseeing the company's U.S. K-12 and higher education businesses. Cohen joined McGraw-Hill Education in 2013 as president of the McGraw-Hill School Education Group.

University of Phoenix Announces Management Changes

University of Phoenix announced that the institution’s board of trustees has named Peter Cohen as the new president of the University. As the eighth University of Phoenix president, Cohen succeeds Timothy P. Slottow, who began his tenure at the University in 2014 and announced his intention to depart in March 2017. Cohen brings more than 20 years of experience in the education and learning science sectors to his new role with University of Phoenix. Cohen has served as Executive Vice President of McGraw-Hill Education since December 2016, and previously was Group President of U.S. Education, overseeing the company’s U.S. K-12 and higher education businesses.

University of Phoenix Announces Layoffs in Full-Time Faculty

University of Phoenix announced laying off full-time faculty. Those faculty members affected say as many as 170 lost their jobs. That number could change depending on impacted faculty members transitioning to associate faculty positions. These layoffs come after UOP's parent Apollo Education Group Inc. closed its $1.1 billion sale to a consortium of investors.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 28, 2017
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Private Placement
September 14, 2017
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