Universal Technical Institute, Inc. Announces Bruce Schuman as Chief Financial Officer
Universal Technical Institute (NYSE: UTI) has appointed Bruce Schuman as Chief Financial Officer, effective immediately. Schuman joins UTI from Vacasa (NASDAQ: VCSA), where he served as CFO and helped achieve the company's first profitable year in 2023. He previously held CFO positions at Kiavi and various senior finance roles at Intel
The appointment comes as UTI executes the second phase of its North Star strategy, which aims to deliver approximately 10% revenue CAGR and expand Adjusted EBITDA margin to nearly 20% through fiscal 2029. The strategy focuses on growth, diversification, and optimization across UTI's transportation, skilled trades, and energy education segments, as well as Concorde Career Colleges' healthcare programs.
The company recently reported strong Q1 fiscal 2025 results, with improvements in revenue, Adjusted EBITDA, and new student starts year-over-year, leading to increased guidance ranges for the fiscal year.
Universal Technical Institute (NYSE: UTI) ha nominato Bruce Schuman come Chief Financial Officer, con effetto immediato. Schuman arriva a UTI da Vacasa (NASDAQ: VCSA), dove ha ricoperto il ruolo di CFO e ha contribuito a raggiungere il primo anno redditizio dell'azienda nel 2023. In precedenza, ha ricoperto posizioni di CFO presso Kiavi e vari ruoli senior nel settore finanziario presso Intel.
La nomina arriva mentre UTI sta attuando la seconda fase della sua strategia North Star, che mira a garantire un tasso di crescita annuale composto (CAGR) dei ricavi di circa 10% e ad espandere il margine EBITDA rettificato a quasi 20% entro il 2029 fiscale. La strategia si concentra sulla crescita, diversificazione e ottimizzazione nei segmenti di istruzione sui trasporti, mestieri specializzati ed energia di UTI, oltre ai programmi sanitari dei Concorde Career Colleges.
L'azienda ha recentemente riportato risultati solidi per il primo trimestre dell'anno fiscale 2025, con miglioramenti nei ricavi, nell'EBITDA rettificato e nel numero di nuovi studenti rispetto all'anno precedente, portando a un aumento delle stime per l'anno fiscale.
Universal Technical Institute (NYSE: UTI) ha nombrado a Bruce Schuman como Director Financiero, con efecto inmediato. Schuman se une a UTI desde Vacasa (NASDAQ: VCSA), donde se desempeñó como CFO y ayudó a lograr el primer año rentable de la empresa en 2023. Anteriormente, ocupó puestos de CFO en Kiavi y varios roles senior en finanzas en Intel.
El nombramiento se produce mientras UTI ejecuta la segunda fase de su estrategia North Star, que tiene como objetivo ofrecer un crecimiento anual compuesto (CAGR) de ingresos de aproximadamente 10% y expandir el margen de EBITDA ajustado a casi 20% para el año fiscal 2029. La estrategia se centra en el crecimiento, la diversificación y la optimización en los segmentos de educación en transporte, oficios especializados y energía de UTI, así como en los programas de salud de Concorde Career Colleges.
La empresa informó recientemente resultados sólidos para el primer trimestre del año fiscal 2025, con mejoras en ingresos, EBITDA ajustado y nuevos estudiantes en comparación con el año anterior, lo que llevó a un aumento en las proyecciones para el año fiscal.
유니버설 기술 연구소 (NYSE: UTI)가 브루스 슈만을 최고 재무 책임자(CFO)로 즉시 임명했습니다. 슈만은 2023년에 회사의 첫 번째 수익성 있는 해를 달성하는 데 기여한 Vacasa (NASDAQ: VCSA)에서 CFO로 재직한 바 있습니다. 그는 이전에 Kiavi에서 CFO 직책을 맡았고 인텔에서 다양한 고위 재무 역할을 수행했습니다.
이번 임명은 UTI가 북극성 전략의 두 번째 단계를 실행함에 따라 이루어졌으며, 이 전략은 약 10%의 연평균 성장률(CAGR)을 달성하고 2029 회계연도까지 조정 EBITDA 마진을 거의 20%로 확대하는 것을 목표로 하고 있습니다. 이 전략은 UTI의 운송, 숙련 직업 및 에너지 교육 부문, 그리고 Concorde Career Colleges의 의료 프로그램 전반에 걸쳐 성장, 다양화 및 최적화에 중점을 두고 있습니다.
회사는 최근 2025 회계연도 1분기 실적이 양호하다고 보고했으며, 이는 전년 대비 수익, 조정 EBITDA 및 신규 학생 수의 개선을 포함하여 회계연도에 대한 가이던스 범위를 증가시켰습니다.
Universal Technical Institute (NYSE: UTI) a nommé Bruce Schuman au poste de directeur financier, avec effet immédiat. Schuman rejoint UTI en provenance de Vacasa (NASDAQ: VCSA), où il a été CFO et a contribué à réaliser la première année rentable de l'entreprise en 2023. Auparavant, il a occupé des postes de CFO chez Kiavi et divers rôles financiers de haut niveau chez Intel.
Cette nomination intervient alors qu'UTI met en œuvre la deuxième phase de sa stratégie North Star, qui vise à atteindre un taux de croissance annuel composé (CAGR) des revenus d'environ 10% et à élargir la marge EBITDA ajustée à près de 20% d'ici l'exercice 2029. La stratégie se concentre sur la croissance, la diversification et l'optimisation dans les segments de l'éducation aux transports, aux métiers spécialisés et à l'énergie de l'UTI, ainsi que sur les programmes de santé des Concorde Career Colleges.
L'entreprise a récemment annoncé des résultats solides pour le premier trimestre de l'exercice 2025, avec des améliorations des revenus, de l'EBITDA ajusté et du nombre de nouveaux étudiants par rapport à l'année précédente, ce qui a conduit à une augmentation des prévisions pour l'exercice.
Universal Technical Institute (NYSE: UTI) hat Bruce Schuman mit sofortiger Wirkung zum Chief Financial Officer ernannt. Schuman kommt von Vacasa (NASDAQ: VCSA), wo er als CFO tätig war und half, das erste profitable Jahr des Unternehmens im Jahr 2023 zu erreichen. Zuvor hatte er CFO-Positionen bei Kiavi inne und verschiedene leitende Finanzpositionen bei Intel.
Die Ernennung erfolgt, während UTI die zweite Phase seiner North Star-Strategie umsetzt, die darauf abzielt, ein Umsatzwachstum von etwa 10% CAGR zu erzielen und die bereinigte EBITDA-Marge bis zum Geschäftsjahr 2029 auf nahezu 20% zu erhöhen. Die Strategie konzentriert sich auf Wachstum, Diversifizierung und Optimierung in den Bereichen Transport, Fachberufe und Energieausbildung von UTI sowie in den Gesundheitsprogrammen von Concorde Career Colleges.
Das Unternehmen berichtete kürzlich über starke Ergebnisse im ersten Quartal des Geschäftsjahres 2025, mit Verbesserungen bei Umsatz, bereinigtem EBITDA und neuen Studierenden im Jahresvergleich, was zu erhöhten Prognosebereichen für das Geschäftsjahr führte.
- Strong Q1 2025 performance with improvements in revenue, Adjusted EBITDA, and new student starts
- Increased guidance ranges for fiscal year 2025
- Targeting 10% revenue CAGR and 20% Adjusted EBITDA margin through 2029
- New CFO brings successful track record of achieving profitability and growth at previous companies
- None.
Schuman has decades of senior financial leadership experience at publicly-traded
and privately-held companies
"Bruce Schuman's experience leading the financial operations of large organizations undergoing transformative change will be invaluable as we execute against the second phase of our North Star strategy," said Jerome Grant, CEO, Universal Technical Institute, Inc. "The next four years hold significant opportunities for our company's growth and profitability as we meet the demand for skilled collar and health workers in the
"In addition, I want to thank Christine Kline for her outstanding service as interim CFO since October," Mr. Grant continued. "Christine's leadership ensured our Finance organization maintained their momentum during a busy time for the company, and she will now return full-time to the position of Chief Accounting Officer."
Most recently, Schuman served as CFO for Vacasa (NASDAQ: VCSA),
"Universal Technical Institute, Inc., plays an increasingly critical role in supplying the skilled workforce solutions that power the
As the company executes the second phase of its North Star strategy, it is expected to deliver approximately
Universal Technical Institute, Inc. recently reported its financial results for the first quarter of fiscal 2025. The company continued to deliver strong outcomes, with key metrics of revenue, Adjusted EBITDA and new student starts having improved year-over-year. The company also increased its guidance ranges for the fiscal year.
More information about Universal Technical Institute, Inc., including the company's most recent investor presentation, can be found here.
About Universal Technical Institute, Inc.
Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs whose mission is to serve students, partners, and communities by providing quality education and support services for in-demand careers across a number of highly skilled fields. Universal Technical Institute, Inc. is comprised of two divisions: the UTI division and Concorde Career Colleges. The UTI division operates 15 campuses located in nine states and offers a wide range of transportation and skilled trades technical training programs under brands such as UTI, MIAT College of Technology, Motorcycle Mechanics Institute, Marine Mechanics Institute and NASCAR Technical Institute. Concorde operates across 17 campuses in eight states and online, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu, or visit us on LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges or on X (formerly Twitter) @news_UTI or @ConcordeCareer.
Media Contact
Susan Aspey
saspey@uti.edu
202.549.0534
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SOURCE Universal Technical Institute, Inc.
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