CHARLES TOWN, W. Va.--(BUSINESS WIRE)--Jun. 20, 2012--
American Public Education, Inc. (NASDAQ: APEI) today announced the
election of Eric C. “Ric” Andersen to its Board of Directors.
“We are pleased that Ric Andersen has accepted a position on American
Public Education’s Board. He brings with him a wealth of experience and
expertise, particularly in outsourcing, business processes and
international operations, which will make him a great asset to the
Board,” said J. Christopher Everett, APEI’s Chairman of the Board.
Mr. Andersen is a partner with Milestone Partners, a lower middle market
private equity firm that specializes in making control equity
investments in established operating businesses. Prior to joining
Milestone Partners in 2011, from 2006 to 2011 Mr. Andersen served as a
Managing Director of private equity firm Silver Lake Partners, before
which he worked in the consulting industry with IBM Business Consulting
Services (BCS), serving as Managing Partner, Asia Pacific responsible
for IBM’s business solutions and business process outsourcing business
across Asia Pacific, and Managing Partner, Distribution Sector
responsible for IBM’s consulting business in the pharmaceutical, retail,
consumer goods and travel/transportation industries. Before working with
IBM, Mr. Andersen was a senior partner at PWC Consulting, where he
served in a variety of positions.
American Public Education, Inc.
American Public Education, Inc. (NASDAQ: APEI) is an online provider of
higher education focused primarily on serving the military and public
service communities. American Public University System (APUS), wholly
owned by APEI, operates through American Military University (AMU) and
American Public University (APU). APUS serves more than 119,000 adult
learners worldwide and offers 87 degree programs in fields ranging from
homeland security, military studies, intelligence, and criminal justice
to technology, business administration, public health, and liberal arts.
Nationally recognized for its best practices in online higher education,
APUS provides an affordable education through classes taught by
experienced faculty who are committed to the academic achievement of
their students.
American Public University System is accredited by The Higher Learning
Commission and is a member of the North Central Association of Colleges
and Schools (www.ncahlc.org). For more information about APUS graduation
rates, median debt of students who completed programs, and other
important information, visit www.apus.edu/disclosure.
Source: American Public Education, Inc.
American Public Education, Inc.
Harry T. Wilkins, CPA
Executive
Vice President and Chief Financial Officer
304-724-3722
or
Christopher
L. Symanoskie
Associate Vice President, Investor Relations
703-334-3880