Perdoceo Education Corporation, a provider of postsecondary education programs, announced that Todd Nelson has been appointed as President and Chief Executive Officer of Perdoceo and transitioned from his position of Executive Chairman of Perdoceo’s Board to fill such offices.
Mr. Nelson previously served as Perdoceo’s President and Chief Executive Officer from 2015 to January 2022. In connection with such transition, Gregory L. Jackson, the Board’s current Lead Independent Director, was named Chairman of the Board.
Andrew Hurst resigned as President and Chief Executive Officer of Perdoceo and as a director of the Company, effective November 15, 2023. The Board accepted Mr. Hurst’s resignation and also approved a decrease in the size of the Board from nine to eight members.
“I am excited to assume the role of President and Chief Executive Officer of Perdoceo to build on our recent successes and look forward to leading our experienced management team and dedicated employees to execute our strategic plan and meet our financial objectives,” Nelson said. “I am proud of our team’s commitment to serving and educating students and of our achievements over the last several years.”
Source: Businesswire
