- For-profit education provider Career Education Corporation's share were down Tuesday morning as the company announced that Jeremy Wheaton, the chief executive of Colorado Technical University, would be leaving.
- Jack Koehn, the university's chief operating officer, will replace Wheaton.
- CEC, which is currently facing accreditation problems, also said that it would organize its operations into three business segments University, Career, and International Education.
From the article:
Career Education Corp said Jeremy Wheaton, chief executive of its Colorado Technical University, resigned to pursue entrepreneurial interests.
The for-profit education provider, which is battling accreditation risks amid findings of improper placement practices, said the university's chief operating officer Jack Koehn will replace Wheaton. ...