| Business Summary | | Career
Education
Corporation
is
a
provider
of
private,
for-profit
postsecondary
education,
with
38
campuses
throughout
the
United
States
and
Canada,
the
United
Kingdom
and
the
United
Arab
Emirates.
The
Company's
educational
programs
consist
of
Visual
Communication
and
Design
Technologies,
which
includes
desktop
publishing,
graphic
design,
fashion
design,
interior
design,
graphic
imaging,
Webpage
design
and
animation;
Information
Technology,
which
includes
PC/LAN,
PC/Net,
computer
technical
support,
computer
network
operation,
computer
information
management
and
computer
programming;
Business
Studies,
which
includes
business
administration,
business
operations
and
e-commerce,
and
Culinary
Arts,
which
includes
culinary
arts,
restaurant
management
and
pastry
arts.
The
Company
has
approximately
33,400
students
enrolled,
as
of
January
31,
2001,
and
its
schools
offer
a
variety
of
master's
degree,
bachelor's
degree,
associate
degree
and
diploma
programs
in
career-oriented
disciplines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Career
Education
Corp.
is
a
provider
of
private,
for-profit
postsecondary
education
in
North
America.
The
Co's
schools
offer
a
variety
of
bachelor's
degree,
associate
degree
and
non-degree
programs
in
career-oriented
disciplines.
For
the
six
months
ended
6/30/01,
revenues
rose
67%
to
$241
million.
Net
income
before
accounting
change
rose
91%
to
$11.2
million.
Results
reflect
an
increase
in
net
tuition,
higher
student
population
and
an
increase
in
investment
proceeds. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Larson, 49 Chairman,
CEO, Pres | $1.1M | $1.6M | Patrick Pesch, 44 CFO,
Sec., Sr. VP, Treasurer, Director | 437K | -- | Nick Fluge, 49 Sr.
VP- Operations | 440K | 196K | Jacob Gruver, 46 Sr.
VP- Operations | 440K | 166K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|