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Adtalem Global Education President and CEO Steve Beard Named as Board Chairman

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Adtalem Global Education announced that Steve Beard, president and CEO, has been unanimously elected as board chairman, effective immediately. He succeeds Michael W. Malafronte, who transitions to lead independent director. Under Beard's leadership, who joined as CEO in September 2021, Adtalem has transformed into the leading healthcare educator in the U.S., particularly following the Walden University acquisition in August 2021.

The company's Growth with Purpose strategy has shown significant results, with total enrollment exceeding 90,000 students, representing an 11.2% year-over-year growth. Approximately 90% of students are enrolled in healthcare-focused programs, serving over 350,000 alumni.

Adtalem Global Education ha annunciato che Steve Beard, presidente e CEO, è stato eletto all'unanimità come presidente del consiglio, con effetto immediato. Succede a Michael W. Malafronte, che passerà a svolgere il ruolo di direttore indipendente. Sotto la guida di Beard, che è diventato CEO a settembre 2021, Adtalem si è trasformata nel principale educatore nel settore sanitario negli Stati Uniti, soprattutto dopo l'acquisizione della Walden University nell'agosto 2021.

La strategia dell'azienda Crescita con Scopo ha mostrato risultati significativi, con un totale di iscrizioni che supera i 90.000 studenti, rappresentando una crescita dell'11,2% rispetto all'anno precedente. Circa il 90% degli studenti è iscritto a programmi focalizzati sulla sanità, servendo oltre 350.000 ex studenti.

Adtalem Global Education anunció que Steve Beard, presidente y CEO, ha sido elegido unánimemente como presidente de la junta, con efecto inmediato. Sucede a Michael W. Malafronte, quien pasará a liderar como director independiente. Bajo el liderazgo de Beard, quien se unió como CEO en septiembre de 2021, Adtalem se ha transformado en el principal educador en atención médica en los EE. UU., especialmente después de la adquisición de la Universidad Walden en agosto de 2021.

La estrategia de la empresa Crecimiento con Propósito ha mostrado resultados significativos, con un total de inscripciones que supera los 90,000 estudiantes, lo que representa un crecimiento del 11.2% interanual. Aproximadamente el 90% de los estudiantes están matriculados en programas enfocados en salud, sirviendo a más de 350,000 exalumnos.

Adtalem Global Education는 Steve Beard가 회장으로 즉시 취임한다고 발표했습니다. 그는 Michael W. Malafronte의 후임으로 독립 이사로 전환됩니다. Beard의 지도하에, 2021년 9월 CEO로 임명된 이후 Adtalem은 미국의 주요 의료 교육자로 변모하였으며, 특히 2021년 8월 Walden University 인수 이후 더욱 두드러졌습니다.

회사의 목적 있는 성장 전략은 총 enrollment을 90,000명을 초과하는 성과를 보이며, 전년 대비 11.2% 성장률을 기록하고 있습니다. 학생의 약 90%가 의료 중심 프로그램에 등록되어 있으며, 350,000명 이상의 졸업생에게 서비스를 제공하고 있습니다.

Adtalem Global Education a annoncé que Steve Beard, président et PDG, a été élu à l'unanimité président du conseil, avec effet immédiat. Il succède à Michael W. Malafronte, qui passe à la direction en tant que directeur indépendant. Sous la direction de Beard, qui a rejoint comme PDG en septembre 2021, Adtalem est devenu le principal éducateur en santé aux États-Unis, notamment après l'acquisition de l'Université Walden en août 2021.

La stratégie de l'entreprise Croissance avec un But a montré des résultats significatifs, avec un total d'inscriptions dépassant 90 000 étudiants, représentant une croissance de 11,2 % d'une année sur l'autre. Environ 90 % des étudiants sont inscrits dans des programmes axés sur la santé, servant plus de 350 000 anciens élèves.

Adtalem Global Education hat angekündigt, dass Steve Beard, Präsident und CEO, einstimmig zum Vorsitzenden des Vorstands gewählt wurde, mit sofortiger Wirkung. Er folgt auf Michael W. Malafronte, der die Funktion des unabhängigen Direktors übernimmt. Unter Beards Leitung, der im September 2021 als CEO begann, hat sich Adtalem zu einem führenden Bildungsanbieter im Gesundheitswesen in den USA entwickelt, insbesondere nach der Übernahme der Walden University im August 2021.

Die Wachstum mit Zweck-Strategie des Unternehmens hat signifikante Ergebnisse gezeigt, mit insgesamt mehr als 90.000 eingeschriebenen Studierenden, was einem Wachstum von 11,2% im Vergleich zum Vorjahr entspricht. Etwa 90% der Studierenden sind in gesundheitsbezogene Programme eingeschrieben und betreuen über 350.000 Absolventen.

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CHICAGO--(BUSINESS WIRE)-- Adtalem Global Education Inc. (NYSE: ATGE), the leading healthcare educator in the United States, today announced Steve Beard, president and chief executive officer, was unanimously elected by the Company’s board of directors to the additional position of board chairman, effective immediately. Beard succeeds Michael W. Malafronte, who transitioned from chairman to lead independent director and joined the academic quality committee.

“Steve Beard earning the role of chairman is a testament to his exceptional leadership and unwavering commitment to our mission at Adtalem,” said Malafronte. “His demonstrated track record of high performance and integrity has not only propelled our organization forward but has also positioned us to make a significant impact in higher education and healthcare. We are confident that under his continued guidance, Adtalem will reach new heights and drive transformative change in the lives of our students and the communities we serve.”

“I am honored to step into the role of chairman of the board in addition to my responsibilities as CEO, and I want to extend my gratitude to Michael Malafronte for his tremendous leadership and service,” said Beard. “At Adtalem, we are training day-one, practice-ready professionals and empowering our more than 90,000 current students and over 350,000 alumni to reach their full potential. Together — and in partnership with our board — we will continue our mission to scale Adtalem as a force for good, championing access to high-quality education and preparing the clinicians of tomorrow who will transform the landscape of healthcare.”

Beard was appointed as the Company’s president and chief executive officer and a board director in September 2021. With the acquisition of Walden University in August 2021 and integrating its five like-kind institutions, he has been integral in transforming Adtalem into the leading healthcare educator in the U.S. Under Beard’s leadership and vision, Adtalem is expanding its societal impact, providing inclusive access to post-secondary education, addressing critical healthcare labor shortages, and advancing health equity and diversity through its Growth with Purpose strategy.

Starting the second year of its three-year Growth with Purpose strategy, Adtalem recently reported its first quarter fiscal year 2025 results. Total enrollment accelerated with sustained high student persistence, surpassing 90,000 students, a growth rate of 11.2% year-over-year, with approximately 90% of students enrolled in a healthcare-focused program.

About Adtalem Global Education

Adtalem Global Education is the leading provider of healthcare education in the U.S., shaping the future of healthcare by preparing a diverse workforce with high-quality academic programs. We innovate education pathways, align with industry needs and empower individuals to reach their full potential. Our commitment to excellence and inclusivity is reflected in our expansive network of institutions, serving over 90,000 students and supported by a strong community of approximately 350,000 alumni and nearly 10,000 dedicated employees. Visit Adtalem.com for more information and follow us on LinkedIn, Instagram and Facebook.

Investor Contact

Jay Spitzer

Investor.Relations@Adtalem.com

+1 312-906-6600

Media Contact

Jordana Strosberg

AdtalemMedia@Adtalem.com

+1 313-938-5481

Source: Adtalem Global Education

FAQ

When did Steve Beard become CEO of Adtalem Global Education (ATGE)?

Steve Beard was appointed as Adtalem Global Education's president and chief executive officer in September 2021.

What is the current student enrollment at Adtalem Global Education (ATGE)?

Adtalem Global Education has surpassed 90,000 current students, showing an 11.2% year-over-year growth rate.

When did Adtalem Global Education (ATGE) acquire Walden University?

Adtalem Global Education acquired Walden University in August 2021.

What percentage of Adtalem (ATGE) students are in healthcare programs?

Approximately 90% of Adtalem's students are enrolled in healthcare-focused programs.

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