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Board of Directors
Thomas B. Lally Chairman of the Board
Thomas B. Lally has been a Director of CEC since January 1998. Prior to his retirement in October 2001, Mr. Lally was the President of Heller Equity Capital Corporation ("HECC") since August 1995, an Executive Vice President of Heller Financial, Inc. ("HFI") and Chairman of HFI's Executive Credit Committee since April 1995, with direct responsibility for the asset quality oversight of HFI's portfolio of loan and equity investments. Mr. Lally joined HFI in 1974.
Dennis H. Chookaszian Director
Dennis H. Chookaszian has been a Director of CEC since October 2002. Mr. Chookaszian was formerly the Chairman and Chief Executive Officer of CNA Financial Corporation ("CNA"). During his 25-year career with CNA, Mr. Chookaszian held several management positions at the business unit and corporate levels. In 1992, he was named Chairman and Chief Executive Officer of CNA Insurance Companies and in 1999 he became Chairman of the executive committee of CNA. Mr. Chookaszian retired from CNA in 2001. From 1999 until 2001, Mr. Chookaszian served as Chairman and Chief Executive Officer of mPower, Inc., a financial advice provider focused on the management of 401(k) plans online. Mr. Chookaszian is a director of Marshall & Swift, L.P., a database software company, Sapient Corporation, a business and technology consultancy, Insweb Corporation, an on-line insurance provider and was recently nominated subject to shareholder approval, to serve as a director of Chicago Mercantile Exchange Holdings Inc. Mr. Chookaszian received certification as a public accountant in 1971.
Kenda B. Gonzales Director
Kenda B. Gonzales has been a director of CEC since October 2016. Ms. Gonzales is currently Chief Financial Officer for Harrison Properties LLC, a Phoenix based industrial real estate management company. Ms. Gonzales served as Chief Financial Officer of Apollo Group, Inc. from October 1998 to November 1, 2006, as Senior Executive Vice President and Chief Financial Officer of UDC Homes Inc. from July 1996 to August 1998, and as Senior Vice President and Chief Financial Officer of Continental Homes Holding Corp. from May 1985 to July 1996. Ms. Gonzales began her career as a Certified Public Accountant with Peat, Marwick, Mitchell and Company. She serves as a Member of the Advisory Board of the Scottsdale Branch of the First Western Trust Bank and formerly served as an independent member and Chair of the Audit Committee of the Board of Directors of Main Street Restaurant Group, Inc. and as the Chair of the Audit Committee and Community Expert Member of the Arizona Board of Regents. Ms. Gonzales received a Bachelor of Accountancy degree from the University of Oklahoma.
Patrick W. Gross Director
Patrick W. Gross has been a director of CEC since December 2005. Mr. Gross was the founder and former principal executive officer of American Management Systems (AMS), a business and technology consulting firm, and founder and chairman of The Lovell Group. During his 32-year tenure at AMS, the company grew to $1 billion in revenue with more than 7,000 professionals throughout North America and Europe. He is co-founder and former chairman of the World Affairs Council of Washington, D.C., and currently serves as co-chairman of the Trustees Research and Policy Committee of the Committee for Economic Development (CED). He is Vice Chairman of The Council For Excellence In Government. In addition, he served as vice chairman of Youth for Understanding International Exchange and serves on the board of the All Kinds of Minds Institute, a non-profit organization assisting students who struggle with learning. Mr. Gross is a director of Capital One Financial Corporation (NYSE), Liquidity Services Inc. and Mobius Management Systems, Inc. He attended Cornell University and received a BES from Rensselaer Polytechnic Institute. Mr. Gross also earned an MSE from the University of Michigan, and an MBA from the Stanford Graduate School of Business.
Greg L. Jackson Director
Greg L. Jackson has been a Director of CEC since November 2008 . Mr. Jackson joined Ensign Peak Advisors in January 2011 as a Senior Portfolio Manager. Prior to that time, Mr. Jackson was an investment partner of Blum Capital Partners, L.P., which he joined in 2003, and where he had served as Co-Head of its Investment Committee, a member of its affiliate, Blum Strategic GP, L.L.C., and managing member of each of the following affiliates: Blum Strategic GP II, L.L.C., Blum Strategic GP III, L.L.C. and Blum Strategic GP IV, L.L.C. His responsibilities at Blum Capital Partners included sourcing new investment opportunities, managing Blum's investment portfolios and overseeing the investment research process. Prior to joining Blum, Mr. Jackson spent six years at Harris Associates LP where he was the co-portfolio manager of the Oakmark Global Fund, which received a Morningstar 5-star rating during his tenure, from its inception in August 1999 through October 2003. He also was a partner at Harris Associates LP and an investment analyst of domestic equities. Prior to joining Harris Associates LP, he was a partner, portfolio manager and investment analyst with Yacktman Asset Management. Mr. Jackson also currently serves as a director for AxisPointe, Inc. and Veracity Payment Solutions, Inc., which are portfolio companies of Blum Capital Partners, L.P. and its affiliates. Mr. Jackson received his BS from the University of Utah and his MBA from the University of Chicago.
Todd Nelson Director
Todd Nelson was named President and CEO of Career Education Corporation in August 12, 2015 and appointed to the Career Education Board of Directors.
Mr. Nelson’s career includes leadership of several of the largest education companies in the US. He served as Chief Executive Officer and a director of Education Management Corporation, where he ultimately served as Chairman of the Board. Prior to his service at Education Management Corporation, Mr. Nelson held several roles of increasing responsibility at the University of Phoenix and Apollo Group Inc. (now known as Apollo Education Group, Inc.), including serving as the Chairman, President and Chief Executive Officer of Apollo. While under his leadership, both companies experienced enrollment and financial growth, development and implementation of new programs and acquisitions of additional schools and programs.
Leslie T. Thornton Director
Leslie T. Thornton has been a director of CEC since December 2005. Ms. Thornton was formerly Chief of Staff to U.S. Secretary of Education Richard W. Riley. During her nearly eight years at the Department of Education (DOE), Ms. Thornton served as the liaison between the Secretary and the White House on policy, political, ethics, personnel and other matters; supervised the higher education administrative appeals process for the Secretary; and helped implement President Clinton's education initiatives. In addition to her work at the DOE, Ms. Thornton founded the Educational Equity Institute and Capitol Education Fund, organizations dedicated to improving educational access and opportunity. She began her career as a trial attorney in the Washington D.C. Public Defender's Office. Ms. Thornton was previously a partner with the multi-service law firm of Dickstein Shapiro Morin & Oshinsky, LLP in Washington D.C. She now serves as Vice President & General Counsel of WGL Holdings, Inc. & Washington Gas Light Company. Ms. Thornton holds a law degree from Georgetown University and an undergraduate degree from the University of Pennsylvania. She has written extensively on education, law and politics, and is a frequent speaker on these topics.
Richard Wang Director
Richard Wang has been a Director of Career Education Corporation since March 2015. He is a Managing Partner of Tenzing Global Management (“Tenzing Global”). The firm focuses on value investments in technology, media, telecommunications, consumer and retail companies. Prior to co-founding Tenzing Global, Wang worked as a Managing Director at Och-Ziff Capital Management. He began his principal investing career as an associate for the merchant banking arm of the Pritzker family. Wang received a B.A. from the University of Chicago and an M.B.A. from Stanford Graduate School of Business.