Alan Wheat Joins Perdoceo Education Corporation Board of Directors

Rhea-AI Summary

Perdoceo Education Corporation (NASDAQ: PRDO) has appointed former Congressman Alan D. Wheat to its Board of Directors, expanding the board from eight to nine seats. Wheat brings extensive experience in legislative and regulatory processes, having previously served as chair of Polsinelli’s national Public Policy Practice. His background includes significant leadership roles in Congress and public policy organizations. The board's leadership expressed confidence that Wheat's expertise will enhance strategic insights and decision-making at Perdoceo, which offers diverse online and campus-based postsecondary education programs.

Positive

• Appointment of Alan D. Wheat adds significant legislative and regulatory expertise to the board.
• Expansion of the board reflects ongoing growth and strategic enhancement.

Negative

• None.

Perdoceo Education Corporation (NASDAQ: PRDO), a provider of postsecondary education programs, today announced that Alan D. Wheat has been appointed to the Company’s Board of Directors. Mr. Wheat’s appointment follows a March 8, 2021 vote by the Board of Directors to expand the number of eligible board seats from eight to nine.

Former Congressman Alan Wheat currently serves as the chair of the Polsinelli law firm’s national Public Policy Practice. In 1982, he was elected to the United States House of Representatives, where he became part of the House leadership as the youngest member in Congressional history to be appointed to the powerful Rules Committee. While in Congress, he was one of the nation's first African-Americans to represent a district with a white majority. Congressman Wheat left the House in 1994 to run for a seat in the United States Senate. He was the first minority candidate selected as a major party nominee for statewide office in Missouri. After his unsuccessful Senate race, Mr. Wheat accepted the position of vice president of Public Policy and Government Relations with CARE, one of the largest and most vital global relief and development organizations. After CARE, he served as Deputy Campaign Manager in the 1996 Clinton-Gore campaign and later formed Wheat Government Relations which he headed until joining Polsinelli in 2013. Mr. Wheat is the Chairman of Public Policy at Polsinelli where he continues to manage a bi-partisan team of public policy professionals.

“We are extremely pleased to have Alan Wheat join our board,” said Thomas Lally, Chairman of the Board of Directors. “With his extensive knowledge of the legislative and regulatory processes, Mr. Wheat will add invaluable experience and insight to our board.”

About Perdoceo Education Corporation

Perdoceo’s academic institutions offer a quality postsecondary education primarily online to a diverse student population, along with campus-based and blended learning programs. The Company’s accredited institutions – Colorado Technical University (“CTU”) and the American InterContinental University System (“AIU”) – provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels. Perdoceo’s universities offer students industry-relevant and career-focused degree programs that are designed to meet the educational needs of today’s busy adults. CTU and AIU continue to show innovation in higher education, advancing personalized learning technologies like their intellipath^® learning platform and using data analytics and technology to support students and enhance learning. Perdoceo is committed to providing quality education that closes the gap between learners who seek to advance their careers and employers needing a qualified workforce.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210309005880/en/

FAQ

Who is Alan D. Wheat and what is his background?

Alan D. Wheat is a former Congressman with significant experience in public policy, previously serving as chair of Polsinelli's national Public Policy Practice. He was the youngest member appointed to the Rules Committee in Congressional history.

What does Alan D. Wheat's appointment mean for Perdoceo Education Corporation?

Wheat's appointment is expected to provide valuable insights into legislative and regulatory processes, enhancing the board's decision-making and strategic direction.

Why did Perdoceo expand its Board of Directors?

The expansion to nine seats reflects the company's growth and intent to bolster its governance with diverse perspectives.

What is Perdoceo Education Corporation's focus in education?

Perdoceo focuses on providing quality postsecondary education through online, campus-based, and blended learning programs, catering primarily to working adults.