Universal Technical Institute, Inc. Promotes Todd Hitchcock to Chief Operating Officer, Accelerating Execution of Company's Successful North Star Strategy
Universal Technical Institute (NYSE: UTI) has promoted Todd Hitchcock to Chief Operating Officer and appointed Adrienne DeTray as Chief Information Officer. Hitchcock, previously EVP and Chief Strategy and Transformation Officer, will oversee the company's UTI and Concorde divisions while continuing to manage corporate strategy and transformation.
The company's North Star strategy's second phase aims to achieve approximately 10% revenue CAGR and expand Adjusted EBITDA margin to nearly 20% through fiscal 2029. The strategy focuses on growth, diversification, and optimization across their transportation, skilled trades, energy education, and healthcare programs.
In Q1 fiscal 2025, UTI reported improved year-over-year performance in revenue, Adjusted EBITDA, and new student starts, leading to increased guidance ranges for the fiscal year.
Universal Technical Institute (NYSE: UTI) ha promosso Todd Hitchcock a Chief Operating Officer e ha nominato Adrienne DeTray come Chief Information Officer. Hitchcock, precedentemente EVP e Chief Strategy and Transformation Officer, supervisionerà le divisioni UTI e Concorde dell'azienda, continuando a gestire la strategia aziendale e la trasformazione.
La seconda fase della strategia North Star dell'azienda mira a raggiungere un CAGR delle entrate del 10% e ad espandere il margine EBITDA rettificato a quasi 20% entro l'anno fiscale 2029. La strategia si concentra sulla crescita, diversificazione e ottimizzazione nei loro programmi di trasporto, mestieri specializzati, istruzione energetica e sanità.
Nel primo trimestre dell'anno fiscale 2025, UTI ha riportato un miglioramento delle performance rispetto all'anno precedente in termini di entrate, EBITDA rettificato e nuovi studenti iscritti, portando a un aumento delle previsioni per l'anno fiscale.
Universal Technical Institute (NYSE: UTI) ha promovido a Todd Hitchcock como Director de Operaciones y ha nombrado a Adrienne DeTray como Directora de Información. Hitchcock, anteriormente EVP y Director de Estrategia y Transformación, supervisará las divisiones UTI y Concorde de la empresa, mientras continúa gestionando la estrategia corporativa y la transformación.
La segunda fase de la estrategia North Star de la empresa tiene como objetivo alcanzar aproximadamente un CAGR de ingresos del 10% y expandir el margen EBITDA ajustado a casi 20% para el año fiscal 2029. La estrategia se centra en el crecimiento, la diversificación y la optimización en sus programas de transporte, oficios calificados, educación energética y atención médica.
En el primer trimestre del año fiscal 2025, UTI reportó una mejora en el rendimiento interanual en ingresos, EBITDA ajustado y nuevos estudiantes, lo que llevó a un aumento en las proyecciones para el año fiscal.
유니버설 기술 연구소 (NYSE: UTI)가 Todd Hitchcock를 최고 운영 책임자로 승진시키고 Adrienne DeTray를 최고 정보 책임자로 임명했습니다. Hitchcock는 이전에 EVP 및 최고 전략 및 변혁 책임자였으며, 회사의 UTI 및 Concorde 부서를 감독하고 기업 전략 및 변혁을 계속 관리할 것입니다.
회사의 North Star 전략의 두 번째 단계는 약 10%의 수익 CAGR을 달성하고 조정된 EBITDA 마진을 거의 20%로 확장하는 것을 목표로 하고 있으며, 이는 2029 회계연도까지 진행됩니다. 이 전략은 운송, 숙련된 직업, 에너지 교육 및 의료 프로그램 전반에 걸쳐 성장, 다각화 및 최적화에 중점을 두고 있습니다.
2025 회계연도 1분기 동안 UTI는 수익, 조정된 EBITDA 및 신규 학생 시작에서 전년 대비 개선된 성과를 보고했으며, 이는 회계연도에 대한 가이던스 범위를 증가시켰습니다.
Universal Technical Institute (NYSE: UTI) a promu Todd Hitchcock au poste de directeur des opérations et a nommé Adrienne DeTray au poste de directrice de l'information. Hitchcock, précédemment EVP et directeur de la stratégie et de la transformation, supervisera les divisions UTI et Concorde de l'entreprise tout en continuant à gérer la stratégie et la transformation de l'entreprise.
La deuxième phase de la stratégie North Star de l'entreprise vise à atteindre environ 10% de CAGR des revenus 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 de leurs programmes de transport, de métiers spécialisés, d'éducation énergétique et de soins de santé.
Au premier trimestre de l'exercice 2025, UTI a signalé une amélioration de la performance d'une année sur l'autre en termes de revenus, d'EBITDA ajusté et de nouveaux étudiants, ce qui a conduit à une augmentation des prévisions pour l'exercice.
Universal Technical Institute (NYSE: UTI) hat Todd Hitchcock zum Chief Operating Officer befördert und Adrienne DeTray als Chief Information Officer ernannt. Hitchcock, zuvor EVP und Chief Strategy and Transformation Officer, wird die UTI- und Concorde-Divisionen des Unternehmens leiten und weiterhin die Unternehmensstrategie und Transformation verwalten.
Die zweite Phase der North Star-Strategie des Unternehmens zielt darauf ab, etwa 10% Umsatz-CAGR zu erreichen und die bereinigte EBITDA-Marge bis zum Geschäftsjahr 2029 auf nahezu 20% zu erweitern. Die Strategie konzentriert sich auf Wachstum, Diversifizierung und Optimierung in ihren Programmen für Transport, Fachberufe, Energieausbildung und Gesundheitswesen.
Im ersten Quartal des Geschäftsjahres 2025 berichtete UTI von einer Verbesserung der Leistung im Jahresvergleich bei Umsatz, bereinigtem EBITDA und neuen Studierenden, was zu erhöhten Prognosebereichen für das Geschäftsjahr führte.
- Q1 2025 showed YoY improvements in revenue, Adjusted EBITDA, and new student starts
- Company increased fiscal year guidance ranges
- Strategic plan targets 10% revenue CAGR through 2029
- Projected EBITDA margin expansion to nearly 20% by 2029
- None.
Company Appoints Adrienne DeTray as Chief Information Officer, Completing Executive Leadership Team
"Todd has played a pivotal role in every aspect of the company's successful transformation, including leading the development of our multi-phase North Star strategy of growth, diversification and optimization. I am thrilled that he is assuming this role and am confident it will strengthen our market position by enabling us to execute on the second phase of our strategy, which at its core is designed to enable our company to better meet the enormous demand for skilled collar workers in the
The second phase of the North Star strategy is expected to deliver approximately
"We exclusively operate in high demand segments of the labor market where our graduates are sought after by employers nationwide because of the quality of our training programs and the outcomes we produce. With the strong strategic foundation in place that has produced outperformance across our key metrics, there is tremendous opportunity to drive even more growth and further optimization of the business, which we believe will significantly increase the company's value," said Todd Hitchcock, Chief Operating Officer, Universal Technical Institute, Inc.
As Chief Operating Officer, Hitchcock will be responsible for oversight of the company's UTI and Concorde divisions, continuing to strengthen the alignment of the divisions' day-to-day operations with the corporate objectives. Hitchock will continue to oversee corporate strategy and transformation, including the exploration of potential acquisition opportunities to enhance the company's presence in these in-demand markets.
A longtime education industry executive, Hitchcock has nearly 30 years' experience leading education organizations through transformative change. Prior to joining Universal Technical Institute, Inc., he was one of the nation's earliest pioneers of online learning in both K-12 and higher education, having held senior leadership roles at Florida Virtual Learning and Pearson Education.
In addition to Hitchcock's appointment, the company announced Adrienne DeTray as Chief Information Officer, effective immediately. DeTray most recently served as CIO at Adtalem Global Education, where she led the transformation of the IT function to enhance operational efficiency and the delivery of digital education products, enabling sustained year-over-year growth and improved student persistence rates. Prior to this, she held senior leadership roles in the healthcare industry, including CommonSpirit Health in
"I'm honored to join Universal Technical Institute, Inc. at such a transformative time," said Adrienne DeTray, Chief Information Officer, Universal Technical Institute, Inc. "As the company continues to redefine workforce education, technology will be a catalyst for innovation, accessibility and hands-on, career-ready learning. I look forward to leading digital advancements that enhance student success, streamline operations and empower the next generation of skilled professionals."
Added Mr. Grant, "With Todd's promotion to COO and Adrienne's appointment as CIO, our executive leadership team is now complete," said Mr. Grant. "We will continue our relentless focus on providing the educational experiences that make us an industry leader for student outcomes and employer partner satisfaction, which in turn promote shareholder value."
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, skilled trade and energy 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 on LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges or at 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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