| Business Summary | | ITT
Educational
Services,
Inc.
is
a
provider
of
technology-oriented
postsecondary
degree
programs
in
the
United
States.
The
Company
offers
associate,
bachelor
and
master
degree
programs
and
non-degree
diploma
programs
to
approximately
27,500
students,
and
has
70
institutes
located
in
28
states.
The
Company
designs
its
education
programs,
after
consultation
with
employers,
to
help
graduates
begin
to
prepare
for
careers
in
various
fields
involving
technology.
As
of
December
31,
2000,
approximately
99%
of
its
students
were
enrolled
in
a
degree
program.
In
2000,
the
Company
expanded
to
69
the
number
of
institutes
that
offer
its
information
technology
curricula.
It
also
began
offering
its
computer
and
electronics
engineering
technology
curriculum
at
34
institutes
and
began
offering
its
computer
drafting
and
design
curriculum
at
20
institutes
The
Company
has
graduated
over
145,000
students
since
1976. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ITT
Educational
Services
offers
associate,
bachelor
and
master
degree
programs
and
non-degree
diploma
programs
to
approximately
27,500
students,
and
has
70
institutes
located
in
28
states.
For
the
six
months
ended
6/30/01,
revenues
rose
17%
to
$192.2
million.
Net
income
before
acct.
change
increased
26%
to
$9.9
million.
Revenues
reflect
higher
student
enrollment
and
tuition
rates.
Earnings
also
reflect
lower
administrative
costs
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rene Champagne, 59 Chairman,
Pres and CEO | $561K | Omer Waddles, 41 Exec.
VP | 294K | Gene Baugh, 58 Sr.
VP and CFO | 247K | Clark Elwood, 40 Sr.
VP, Gen. Counsel and Sec. | -- | Edward Hartigan, 61 Sr.
VP | 217K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|