| Business Summary | | Sylvan
Learning
Systems
Inc.
is
an
international
provider
of
educational
services
to
families
and
schools.
The
Company
provides
lifelong
educational
services
through
five
separate
business
segments.
The
Sylvan
Learning
Centers
segment
designs
and
delivers
individualized
tutorial
programs
to
school
age
children
through
franchised
and
Company-owned
Learning
Centers.
The
Education
Solutions
segment
principally
provides
educational
programs
to
students
of
public
and
non-public
school
districts
through
contracts
funded
by
Title
1
and
state-based
programs.
The
Sylvan
English
Language
Instruction
segment
consists
of
the
operations
of
Wall
Street
Institute
B.V.
Through
its
universities
in
Spain,
Mexico,
Switzerland
and
Chile,
Sylvan
International
Universities
controls
a
global
network
of
fully
accredited
universities.
The
Company's
newest
segment,
Sylvan
Ventures,
invests
in
and
incubates
companies
developing
emerging
technology
solutions
for
the
education
marketplace. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sylvan
provides
educational
services
to
families
and
schools,
operating
in
five
segments:
Learning
Centers,
Education
Solutions,
English
Language
Instruction,
International
Universites
and
Ventures.
For
the
six
months
ended
6/01,
revenues
rose
59%
to
$250.8
million.
Net
loss
from
continuing
operations
totaled
$25
million
vs.
an
income
of
$10
million.
Results
reflect
the
opening
of
additional
Centers,
offset
by
the
inclusion
of
a
$14.2
million
loss
on
investment
in
Caliber. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| R. Christopher Hoehn-Saric, 37 Co-CEO,
Chairman | $638K | Douglas Becker, 34 Co-CEO,
Pres, Sec., | 638K | Martin Bean, 34 Exec.
VP- Sylvan Prometric Division | 298K | Sean Creamer VP, Treasurer, Interim CFO | -- | Peter Cohen, 45 Pres-Learning
Services Division | 321K | Dollar amounts are as of 31-Dec-1999 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
|
|