Last $5.04 USD
Change Today -0.01 / -0.20%
Volume 397.4K
CECO On Other Exchanges
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

career education corp (CECO) Snapshot

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52 Week High
02/27/14 - $7.93
52 Week Low
09/4/13 - $2.46
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Current Stock Chart for CAREER EDUCATION CORP (CECO)

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career education corp (CECO) Details

Career Education Corporation operates schools and universities that provide education to student population in various career-oriented disciplines through online, on-ground, and hybrid learning program offerings in the United States. The company operates in six segments: Colorado Technical University, American InterContinental University, Health Education, Culinary Arts, Design & Technology, and Transitional Schools. Its institutions include American Intercontinental University; Brooks Institute; Colorado Technical University; Harrington College of Design; International Academy of Design & Technology; Le Cordon Bleu North America; and Sanford-Brown Institutes and Colleges. The company offers doctoral, master’s, bachelor’s, and associate degrees, as well as diploma and certificate programs. It also provides academic programs in disciplines, including business studies, information systems and technologies, criminal justice, computer science and engineering, health sciences, and design technologies in an online, classroom, or laboratory setting; culinary arts programs in disciplines of culinary arts, patisserie, and baking in the commercial kitchens of Le Cordon Bleu; and culinary arts, and hotel and restaurant management online. In addition, the company offers academic programs primarily in disciplines comprising visual communications, fashion design, photography, interior design, graphic design, and video production in a classroom, laboratory, or online setting, as well as continuing education and short-term vocational programs in the area of energy conservation. As of December 31, 2013, it had a total student enrollment of approximately 53,700 students. Career Education Corporation was founded in 1994 and is based in Schaumburg, Illinois.

5,141 Employees
Last Reported Date: 02/27/14
Founded in 1994

career education corp (CECO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $3.0M
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $477.6K
Chief University Education Officer and Senior...
Total Annual Compensation: $446.4K
Chief Career Schools Officer and Senior Vice ...
Total Annual Compensation: $220.5K
Compensation as of Fiscal Year 2013.

career education corp (CECO) Key Developments

Career Education Corp. Announces Board Changes

Career Education Corporation announced that board member Ron McCray was elected Chairman by the company's board of directors. McCray replaces David Devonshire, who remains a member of the board of directors, but who did not seek another term as Chairman so he could better attend to personal matters. Ron McCray has been a director of CEC since November 2012. A private investor and corporate director, McCray serves on the governing boards of Harvard Law School, Southern Methodist University's Dedman School of Law and Cornell University, where he serves on the presidential search committee, the executive committee and the finance committee. McCray previously served as the Chief Administrative Officer of Nike Inc.

Career Education Corp. Announces Executive Changes

Career Education Corporation announced the appointment of Reid E. Simpson as Senior Vice President and Chief Financial Officer. He replaces Colleen O'Sullivan who is leaving the organization, but will remain available for consultation to Mr. Simpson through the end of June to ensure a smooth transition. Before joining Career Education, Mr. Simpson was Senior Vice President and Chief Financial Officer of Asset Acceptance Capital Corp. and was instrumental in the sale of the company to Encore Capital Group in 2013. During the past seven years, Mr. Simpson was a Board member and Audit Committee member for Helix Education Inc.

Career Education Corp. to Close Sanford-Brown Downtown Pittsburgh Campus in October 2015

Career Education Corp. is set to close its Sanford-Brown Institute in downtown Pittsburgh in October 2015. Sanford Brown operates its downtown school out of a 30,000-square-foot location at 421 Seventh Avenue.


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CECO Competitors

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Company Last Change
Bridgepoint Education Inc $12.45 USD -0.05
Capella Education Co $57.34 USD -1.86
K12 Inc $22.53 USD +0.16
Lincoln Educational Services Corp $4.00 USD +0.20
Universal Technical Institute Inc $11.65 USD -0.16
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Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
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