Galvanize Appoints Ricky Hamilton as New Chief Executive Officer

Rhea-AI Summary

Galvanize, a leading provider of software engineering and data science training, has appointed Ricky Hamilton as its new Chief Executive Officer. This announcement follows Stride, Inc.'s (NYSE: LRN) report of a 191% year-over-year increase in career learning revenue for its third fiscal quarter ended March 31, 2021. Hamilton, previously Executive VP of Revenue Operations, aims to drive Galvanize's mission of connecting professionals to tech careers and improving access to quality education.

Positive

• Appointment of Ricky Hamilton as CEO may bring fresh leadership and strategic vision.
• Career learning revenue growth of 191% indicates strong market demand and potential for future growth.

Negative

• Concerns about continuity and experience gaps in leadership after the transition.

Galvanize – one of the nation’s leading providers of software engineering and data science training – has announced the appointment of Ricky Hamilton as Chief Executive Officer. The news comes as parent company Stride, Inc. (NYSE: LRN) reports its career learning revenue grew 191% year-over-year in the third fiscal quarter, which ended on March 31, 2021.

Mr. Hamilton brings a wealth of experience and energy to his new role. Prior to being named CEO, he served as Executive Vice President of Revenue Operations and as Chief of Staff to former Galvanize CEO Harsh Patel. Throughout his tenure at Galvanize, Mr. Hamilton has successfully led and contributed to a variety of strategic, revenue-generating, and cultural initiatives, including the acquisition of Hack Reactor in 2018, the evolution of the company’s industry-leading Income Share Agreement (ISA) structure, a landmark scholarship initiative, and Galvanize’s acquisition by Stride, Inc. in January 2020.

Galvanize is a part of Stride’s growing portfolio of career learning brands and programs that target a variety of fields including IT and healthcare for students of all ages.

“Ricky’s professional experiences underscore his business philosophy and motivate him to make Galvanize an even greater success,” said Dr. Shaun McAlmont, Stride’s President of Career Learning Solutions. “His passion for leveling the playing field for access to high-quality education will continue to drive the company forward, as Galvanize connects working professionals with tech careers and helps companies find the right tech talent.”

Prior to joining Galvanize, Mr. Hamilton worked at global management company McKinsey & Company, where he helped Fortune 500 companies tackle their largest organizational challenges. Working across a breadth of industries including insurance, technology, telecommunications, and manufacturing, as well as the public sector, Mr. Hamilton enjoyed partnering with his clients to implement operational best practices for long-term results.

“I’m honored to take on this role at Galvanize, and I’m proud of everything we’ve done to build an incredible community that’s united by our shared devotion to lifelong learning,” said Hamilton. “I look forward to building on Galvanize’s legacy of transforming career paths and companies, and to supporting our growing community of educators, students, alumni, clients, entrepreneurs, and staff.”

Mr. Hamilton earned a bachelor’s degree in Industrial and Operations Engineering from the University of Michigan, where he gained an early appreciation for the power of coding and data science.

For more information about Galvanize, visit www.galvanize.com.

About Galvanize

Galvanize is a learning community for technology with eight physical campuses across the U.S. where innovative startups, aspiring students, and large enterprises benefit from a dynamic, unique technology ecosystem. Galvanize is an industry leader in technology education, offering the Data Science and Hack Reactor Software Engineering immersive bootcamps, that propel careers and help individuals thrive in the digital economy. In addition to its physical campuses, Galvanize offers full-time and part-time immersive bootcamps to individuals remotely, and tailored workforce training to enterprise clients to address each of their unique needs. With 8,000+ graduates, Galvanize alumni have gone on to bring their talents to over 2,250 companies. Galvanize is a subsidiary of Stride, Inc. (NYSE: LRN), a premier provider of innovative, high-quality online and blended education solutions, curriculum, and programs to students, schools and enterprises in primary, secondary and post-secondary settings. Learn more at www.galvanize.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005688/en/

FAQ

What are the key achievements of Ricky Hamilton before becoming CEO of Galvanize?

Ricky Hamilton previously served as Executive VP of Revenue Operations and contributed to key initiatives such as the acquisition of Hack Reactor and the evolution of the Income Share Agreement structure.

What is the impact of Stride, Inc.'s revenue growth on LRN stock?

Stride, Inc.'s reported career learning revenue growth of 191% year-over-year can positively influence investor sentiment and potentially enhance LRN stock performance.

What initiatives will Ricky Hamilton focus on as the new CEO of Galvanize?

Ricky Hamilton aims to enhance access to high-quality education and connect working professionals with tech careers, continuing Galvanize's mission to transform career paths.

When did Stride, Inc. report its recent career learning revenue growth?

Stride, Inc. reported a 191% year-over-year increase in career learning revenue for its third fiscal quarter, which ended on March 31, 2021.