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Last $3.17 USD
Change Today +0.04 / 1.28%
Volume 315.3K
CECO On Other Exchanges
As of 2:37 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

career education corp (CECO) Snapshot

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52 Week High
12/31/14 - $7.10
52 Week Low
08/3/15 - $3.08
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Current Stock Chart for CAREER EDUCATION CORP (CECO)

career education corp (CECO) Related Businessweek News

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career education corp (CECO) Details

Career Education Corporation operates colleges, institutions, and universities that provide education to student population in various career-oriented disciplines through online, on-ground, and hybrid learning program offerings in the United States. The company operates through four segments: Colorado Technical University (CTU), American InterContinental University (AIU), Career Colleges, and Transitional Group. Its institutions include CTU, AIU, Briarcliffe College, Brooks Institute, Harrington College of Design, Missouri College, and Sanford-Brown Institutes and Colleges. The company offers doctoral, master’s, bachelor’s, and associate degrees, as well as diploma and certificate programs. It provides academic programs in the career-oriented disciplines of business studies, information systems and technologies, criminal justice, computer science and engineering, health sciences, and design technologies, as well as visual communications, fashion design, photography, interior design, graphic design, and video production through campus based and online education. As of December 31, 2014, the company had a total student enrollment of approximately 41,400 students. Career Education Corporation was founded in 1994 and is based in Schaumburg, Illinois.

4,214 Employees
Last Reported Date: 03/3/15
Founded in 1994

career education corp (CECO) Top Compensated Officers

Chief University Education Officer and Senior...
Total Annual Compensation: $511.5K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $507.2K
Chief Transformation Officer and Senior Vice ...
Total Annual Compensation: $377.1K
Compensation as of Fiscal Year 2014.

career education corp (CECO) Key Developments

Career Education Corporation Announces Management Changes, Effective August 12, 2015

Career Education Corporation announced that Todd Nelson has been selected to become its President and Chief Executive Officer. Mr. Nelson is expected to join the company on August 12, 2015 and will also be appointed to the Career Education Board of Directors. Mr. Nelson’s career includes leadership of several of the education companies in the US. He served as Chief Executive Officer and a director of Education Management Corporation, where he ultimately served as Chairman of the Board. Prior to his service at Education Management Corporation, Mr. Nelson held several roles of increasing responsibility at the University of Phoenix and Apollo Group Inc. (now known as Apollo Education Group Inc.), including serving as the Chairman, President and Chief Executive Officer of Apollo. Ron McCray, Chairman and Interim CEO, will maintain his role as Chairman of the Board upon the relinquishment of his Interim CEO responsibilities when Mr. Nelson’s employment with the Company commences.

Career Education Corporation Announces Resignation of David W. Devonshire as Board of Directors, Citing Health Concerns

Career Education Corporation announced that David W. Devonshire has submitted his resignation from its Board of Directors, citing health concerns. Mr. Devonshire, has served on the company's board since March 2008 and served as Chairman of the Board from May 2013 until June 2014 and is currently a member of the board's Audit and Compensation Committees.

Career Education Corp. Plans To Close 14 Branches

Career Education Corporation is planning To close all 14 branches of its Sanford-Brown college and Sanford-Brown Institute campuses. The decision was made after several years of declining enrollment and financial losses.


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CECO Competitors

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Company Last Change
Bridgepoint Education Inc $8.66 USD -0.63
ITT Educational Services Inc $2.89 USD -0.155
K12 Inc $12.85 USD +0.09
Strayer Education Inc $54.79 USD -0.59
Universal Technical Institute Inc $5.99 USD -0.085
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Valuation CECO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.0x

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