Lisa W. Wardell Is Chairman and CEO of Adtalem Global Education. Adtalem Global Education Inc. Is a Leading Workforce Solutions

Total Page：16

File Type：pdf, Size：1020Kb

Lisa W. Wardell is chairman and CEO of Adtalem Global Education. Adtalem Global Education Inc. is a leading workforce solutions provider and the parent organization of Adtalem Educacional do Brasil (IBMEC, Damásio and Wyden institutions), American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine and Ross University School of Veterinary Medicine. Wardell was appointed chairman of the board in 2019. She has been president and CEO since 2016 and has been a member of Adtalem’s board of directors since 2008. She is the only African American female chairman and CEO in the S&P 400 IndeX. During her tenure, Wardell has overseen the strategic repositioning of Adtalem’s portfolio, successfully acquiring and integrating companies in Adtalem’s financial services vertical, and leading turnarounds and divestitures of Adtalem’s non-core assets. Under her leadership, Adtalem’s stock price has tripled, and gender and ethnic diversity has increased at the Adtalem board to 62%, and within Adtalem’s senior leadership to 78%. Wardell has also led the higher education sector in implementing new standards in transparency and financial literacy, and in cultivating quality partnerships to fill critical global workforce needs. Her strategic and mission-focused leadership positions Adtalem’s global community for sustainable success. Prior to her current position with Adtalem, Wardell was executive vice president and chief operating officer for The RLJ Companies. As COO, Wardell was responsible for managing The RLJ Companies portfolio, including strategic partnerships, mergers and acquisitions, business strategy, operations and finance. Prior to joining The RLJ Companies, Wardell was a principal at Katalyst Venture Partners, a private equity firm that invested in start-up technology companies, and a senior consultant for Accenture in the organization’s communications and technology strategic services practice. Wardell earned her bachelor’s degree from Vassar College and her law degree from Stanford Law School. She earned her MBA in finance and entrepreneurial management from the Wharton School of Business at the University of Pennsylvania. Wardell serves on the Board of Directors for Lowe’s Home Improvement, a Fortune 50 company, as well as THINK450, the innovation engine of the National Basketball Players Association. She is also a member of The Business Council, the Executive Leadership Council, CEO Action for Diversity and Inclusion and the Fortune CEO Initiative. Among numerous recognitions, she was selected by Black Enterprise magazine as one of the “300 Most Powerful Executives in Corporate America” (2017) and has been featured on Savoy Magazine’s™ Power 300: Most Influential Black Corporate Directors list (2017 and 2016). .

Copy Link

Recommended publications

Adtalem Lenders Presentation
Lender Presentation February 2021 EACH OF THE COMPANY AND, AS THE CASE MAY BE, THE TARGET HAS REPRESENTED THAT THE INFORMATION CONTAINED IN THIS LENDER PRESENTATION IS EITHER PUBLICLY AVAILABLE OR DOES NOT CONSTITUTE MATERIAL NON-PUBLIC INFORMATION WITH RESPECT TO, AS THE CASE MAY BE, THE COMPANY, THE TARGET OR THEIR RESPECTIVE SUBSIDIARIES OR SECURITIES. THE RECIPIENT OF THIS LENDER PRESENTATION HAS STATED THAT IT DOES NOT WISH TO RECEIVE MATERIAL NON-PUBLIC INFORMATION WITH RESPECT TO THE COMPANY, THE TARGET OR THEIR RESPECTIVE SUBSIDIARIES OR SECURITIES AND ACKNOWLEDGES THAT OTHER LENDERS HAVE RECEIVED A LENDER PRESENTATION THAT CONTAINS ADDITIONAL INFORMATION WITH RESPECT TO THE COMPANY, THE TARGET OR THEIR RESPECTIVE SUBSIDIARIES OR SECURITIES THAT MAY BE MATERIAL. NEITHER THE COMPANY, THE TARGET NOR THE ARRANGER TAKES ANY RESPONSIBILITY FOR THE RECIPIENT'S DECISION TO LIMIT THE SCOPE OF THE INFORMATION IT HAS OBTAINED IN CONNECTION WITH ITS EVALUATION OF THE COMPANY, THE TARGET OR THEIR RESPECTIVE SUBSIDIARIES AND THE FACILITY DESCRIBED HEREIN. Notice to and Undertaking by Recipients This Lender Presentation (the "Lender Presentation") has been prepared solely for informational purposes from information supplied by or on behalf of Adtalem Global Education Inc. (the "Company") and Walden e-Learning LLC (the “Target”), and is being furnished by Morgan Stanley Senior Funding, Inc. (the "Arranger") to you in your capacity as a prospective lender (the "Recipient") in considering the proposed Credit Facility described in the Lender Presentation (the "Facility"). ACCEPTANCE OF THIS LENDER PRESENTATION CONSTITUTES AN AGREEMENT TO BE BOUND BY THE TERMS OF THIS NOTICE AND UNDERTAKING AND THE SPECIAL NOTICE SET FORTH ON THE COVER PAGE HEREOF (THE “SPECIAL NOTICE”).
[Show full text]
Adtalem Global Education Inc. 2017 Annual Report
Empowering Our Students to Find Their Passion 2017 ANNUAL REPORT 2 Adtalem Global Education 2017 Annual Report To Our Shareholders Fiscal 2017 was a year of transformation for Adtalem underlying economics of how we operate. A stronger Global Education. While we have some challenges ahead Adtalem is good for all of our constituents – our in fiscal 2018, I am confident that we are moving in the students, our business partners and our owners. right direction and have a solid strategic roadmap to build on the successes we achieved in the past year. Adtalem Global Education is a new name, but our We continue to lead our team with a sense of urgency mission of empowering students through successful and accountability to all of our stakeholders. Student outcomes remains the same. In fact, Adtalem is outcomes remain a priority and our mission is fully now more inclusive of our portfolio as it aligns with aligned with delivering better financial performance. all of our institutions. We are united in bringing to education what many traditional academic institutions It has truly been gratifying to lead such a mission-based do not: innovation, scale and continuous investment in organization and watch so many students, many of academic quality. whom are first generation graduates just like me, walk across stages at our institutions’ graduation ceremonies. Laying the Groundwork to Return to Growth It’s equally gratifying to engage in conversations with Our fiscal 2017 operating results demonstrate that we faculty who wake up every morning eager to serve our have the right team in place to execute on our strategy students.
[Show full text]
2018 ANNUAL REPORT 2 Adtalem Global Education
2018 ANNUAL REPORT 2 Adtalem Global Education 2018 Annual Report To Our Shareholders Fiscal 2018 was a year of tremendous Of particular note was impressive organic opportunities and challenges. growth at the Association of Certified Anti- Money Laundering Specialists (ACAMS), I am pleased to report that the Adtalem which we believe continues to validate our team addressed the opportunities and investment thesis and has positioned us responded to the challenges in ways that as a leader in the professional education we believe have made us a stronger and space for financial services. As we further more competitive company heading into refine our inorganic growth strategies, Fiscal 2019. ACAMS serves as an instructive precedent – a scalable platform with attractive The past year saw us enter into agreements organic growth potential that permits to transfer the ownership of DeVry University us to be methodical and targeted in and its Keller Graduate School of Business identifying new opportunities for additional and Carrington College. Once completed, scale, strengthened market positioning these two divestitures will significantly or complementary capabilities. Our transform our portfolio. Our remaining assets Lisa W. Wardell commitment to the prudent and disciplined create a more focused, higher performing President & CEO allocation of capital means that we will portfolio; competing in areas where we have Adtalem Global Education consider only those acquisitions that will be the right to win with platforms upon which accretive to the portfolio in the long-term. we have opportunities to grow. So, as we move into fiscal 2019, we have significant cash The past year also presented us with an unprecedented flow, brands that are associated with market leadership in set of challenges in the form of hurricanes Irma and Maria.
[Show full text]
Notice of Annual Meeting of Shareholders, 2019 Proxy Statement and 2019 Annual Report About Us
Notice of Annual Meeting of Shareholders, 2019 Proxy Statement and 2019 Annual Report About Us #WEAREADTALEM Adtalem Global Education is a workforce solutions provider and the parent organization of Adtalem Educacional do Brasil (IBMEC, Damásio and Wyden institutions), American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine and Ross University School of Veterinary Medicine. STUDENT FOCUSED Empowering individuals is the meaning behind our name – Adtalem Global Education. Adtalem (pronunciation: ad TAL em) is Latin for “To Empower.” MISSION VISION PURPOSE We provide global To create a dynamic global We empower students to access to knowledge community of life-long learners achieve their goals, find success that transforms lives and who improve the world. and make inspiring contributions enables careers. to our global community. WE ARE MORE THAN 9 11,300 institutions and companies colleagues OPERATING IN WITH 21 56 different countries operating campuses As of June 30, 2019. The number of colleagues above includes more than 9,000 full- and part-time employees and approximately 2,300 independent contractors. The number of countries above reflects countries where we have locations or corporate entities. Message from our Chairman of the Board, President and CEO October 3, 2019 To Our Shareholders: Fiscal 2019 was a transitional year for Adtalem as we made bold moves to streamline our business into a leading workforce solutions provider. We completed the divestures of DeVry University and Carrington College — critical milestones in our strategy to refocus our three vertical businesses to better support our employer partners.
[Show full text]
Confidential Draft
News Release Investor Contact: John Kristoff [email protected] 312-651-1437 Media Contact: Ernie Gibble [email protected] 630-353-9920 Adtalem Global Education Announces Fiscal Fourth Quarter and Year End 2019 Results CHICAGO – August 22, 2019 – Adtalem Global Education Inc. (NYSE: ATGE), a leading workforce solutions provider, today reported academic, operating and financial results for its fiscal 2019 fourth quarter and year ended June 30, 2019. “We made significant progress in transforming Adtalem Global Education into a leading workforce solutions provider in fiscal 2019. We completed the divestitures of DeVry University and Carrington College, streamlined our three verticals to support our enterprise growth strategy and expanded the financial services customer base through our acquisition of OnCourse Learning,” said Lisa Wardell, chairman and CEO of Adtalem. “In the fourth quarter, we capitalized on strong demand, employer partnerships and superior student outcomes to deliver revenue growth in line with expectations despite some top-line challenges in Brazil. Our students achieved NCLEX pass rates of 90 percent at Chamberlain, and first-time residency attainment rates at the American University of the Caribbean School of Medicine and Ross University School of Medicine were 91% and 92% respectively. I am excited about the future of Adtalem, and I want to thank our dedicated faculty and staff for their ongoing hard work and dedication to our students and employer partners.” Financial Highlights Selected financial highlights
[Show full text]
United States Securities and Exchange Commission Washington, D.C
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 11, 2020 Adtalem Global Education Inc. (Exact name of registrant as specified in its charter) Delaware 001-13988 36-3150143 (State of incorporation) (Commission File Number) (IRS Employer Identification No.) 500 West Monroe Chicago, Illinois 60661 (Address of principal executive offices) (Zip Code) (866) 374-2678 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol which registered Common Stock $0.01 Par Value ATGE NYSE, CSE Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
[Show full text]
Adtalem Q2 FY2021 Earnings Presentation
Q2 2021 Earnings Presentation February 2, 2021 Safe Harbor Certain statements contained in this release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact, which includes statements regarding the future impacts of the COVID-19 pandemic and the pending Walden University acquisition. Forward-looking statements can also be identified by words such as “future,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “intend,” “may,” “will,” “would,” “could,” “can,” “continue,” “preliminary,” “range,” and similar terms. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially from those described in the statements. These risk and uncertainties include the risk factors described in Item 1A. “Risk Factors” of our most recent Annual Report on Form 10-K for the fiscal year ended June 30, 2020 filed with the Securities and Exchange Commission (SEC) on August 18, 2020 and our other filings with the SEC. These forward-looking statements are based on information available to us as of the date any such statements are made, and we do not undertake any obligation to update any forward-looking statement, except as required by law. Non-GAAP Financial Measures This presentation includes references to certain financial measures that are not calculated in accordance with generally accepted accounting principles in the United States (“GAAP”). Management believes that the non-GAAP disclosures provide investors with useful supplemental information regarding the underlying business trends and performance of Adtalem’s ongoing operations and are useful for period-over-period comparisons of such operations.
[Show full text]
Notice of Annual Meeting of Shareholders, 2020 Proxy Statement and 2020 Annual Report About Us
Notice of Annual Meeting of Shareholders, 2020 Proxy Statement and 2020 Annual Report About Us #WEAREADTALEM Adtalem Global Education is a workforce solutions provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, OnCourse Learning, Ross University School of Medicine, and Ross University School of Veterinary Medicine. STUDENT FOCUSED Empowering individuals is the meaning behind our name – Adtalem Global Education. Adtalem (pronunciation: ad TAL em) is Latin for “To Empower.” MISSION VISION PURPOSE We provide global To create a dynamic global We empower students, access to knowledge community of life-long learners members and colleagues to that transforms lives and who improve the world. achieve their goals, find success, enables careers. and make inspiring contributions to our global community. WE ARE MORE THAN 8 6,800 institutions and companies colleagues WITH A PRESENCE IN WITH 181 26 different countries operating campuses As of June 30, 2020. The number of colleagues above includes more than 4,300 full- and part-time employees and approximately 2,500 independent contractors. Presence in a country indicate employees, students, members or offices. Message from our Chairman of the Board, President and CEO October 15, 2020 To Our Shareholders: Fiscal 2020 was a significant year for Adtalem as we furthered our advancement into a leading workforce solutions provider. At the beginning of the year, we took a major step to streamline our portfolio with the divestiture of our Brazil assets, further driving significant shareholder value while also fortifying our balance sheet.
[Show full text]
Adtalem Global Education Earnings Release
News Release Investor Contact: Maureen Resac [email protected] 312-651-1481 Media Contact: John Kristoff [email protected] 312-651-1437 Adtalem Global Education Announces Fiscal Fourth Quarter and Full Year 2020 Results Revenue increased 3.8% from prior year as COVID-19 impacted results in third and fourth quarters Company continues to enhance portfolio and position itself for future growth CHICAGO – August 18, 2020 – Adtalem Global Education Inc. (NYSE: ATGE), a leading workforce solutions provider, today reported academic, operating and financial results for its fiscal 2020 fourth quarter and full year ended June 30, 2020. “Fiscal 2020 was another pivotal year for Adtalem as we worked to advance our Workforce Solutions Provider strategy, beginning with the divestiture of our Brazil assets, which further streamlined Adtalem to drive significant shareholder value while also fortifying our balance sheet. Although we faced significant headwinds as a result of the COVID-19 pandemic in the second half of the year, our teams reacted quickly, leveraging our existing infrastructure to transition 15,000 on-campus students to our online platforms with minimal disruption, bringing the total number of online students to 40,000 students. The transition to virtual modalities across our businesses was very successful, enabling us to not only maintain superior academic outcomes for learners, but to also open up new opportunities to serve our institutional and employer partners,” said Lisa Wardell, chairman and CEO of Adtalem. “We continue to strategically position the company for future growth. We have streamlined the portfolio to provide comprehensive solutions to employers in both medical and healthcare and financial services – industries where supply and demand imbalances will drive growth in upskilling, certifications, and degree enrollment.
[Show full text]
For Immediate Release Media Contacts: Debra King, Director of Corporate Communications CIBC Firstcaribbean, Barbados Head Office
For Immediate Release Media contacts: Debra King, Director of Corporate Communications CIBC FirstCaribbean, Barbados Head Office Telephone: 246 367 2248; fax: 246 421 7148, email: [email protected] Ernie Gibble, Senior Director of Communications Adtalem Global Education Telephone: 773 454 7132, email: [email protected] CIBC FIRSTCARIBBEAN GAINS ADTALEM GLOBAL EDUCATION AS PARTNER FOR WALK FOR THE CURE BRIDGETOWN, BARBADOS – September 24, 2019 – The region’s largest cancer fundraising and awareness event - CIBC FirstCaribbean’s Walk for the Cure – has a new regional partner for this year’s walk, which takes place in various locations from September to November. Adtalem Global Education, which operates three higher education institutions in the region, has come on board as a regional sponsor. The group will be taking part in the walks in St. Maarten, Barbados and St. Kitts, where its campuses are located. “We are thrilled to welcome Adtalem Global Education as one of our regional sponsors. Given their established track record of engaging with communities where their campuses are located and impacting them for the better, we are confident that they will be a key partner with Walk for the Cure,” said Colette Delaney, Chief Executive Officer, CIBC FirstCaribbean. “The core objective of our walk is cancer care and education. Our message is one of early detection as the key to a successful outcome. We look forward to the participation of the Adtalem faculty and students in several of our fundraising and volunteer activities,” Ms. Delaney said. Adtalem Global Education is a mission-driven, leading workforce solutions provider and the parent company of Ross University School of Medicine in Barbados, American University of the Caribbean School of Medicine in St.
[Show full text]
Report Single Page
2019 SUSTAINABILITY REPORT Dear readers, I’m delighted to introduce Adtalem Global Education’s fiscal year (FY) 2019 Sustainability Report. Our global community of faculty, employees, students and members are passionate about delivering meaningful support to our local communities, and within this year’s report you will find many examples of this passion and impact where we teach, learn and work together. As a leading global workforce solutions provider, Adtalem graduates physicians, nurses and veterinarians who are providing critical healthcare throughout the United States, and internationally. Similarly, members of our Association of Certified Anti-Money Laundering Specialists (ACAMS) are fighting financial crime worldwide. Together, our institutions and companies are building communities of life-long learners who truly contribute their expertise to revitalize our global community. In addition to community partnership news, investment and volunteerism trends, we are pleased to share how we’re leveraging our core capabilities to build stronger, healthier communities. For example, the Caribbean Center for Disaster Medicine launched in Sint Maarten this year and represents our work to create powerful partnerships to improve preparedness for major disasters and emergencies. We’ve also signed articulation agreements with minority-serving institutions as part of our ongoing work to graduate more underrepresented physicians who are practicing in underserved areas throughout the United States. And in St. Kitts, the One Health Research Foundation works to ensure future medical professionals receive vital transdisciplinary research and training. In FY19, we expanded our Environmental, Social and Governance (ESG) platform, including ESG reporting. We continue to measure our performance and set new goals in areas including academic and policy standards; diversity and inclusion of Adtalem suppliers; and energy and waste reduction programs.
[Show full text]
FORM 10-K Adtalem Global Education Inc
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2020 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission file number: 001-13988 Adtalem Global Education Inc. (Exact name of registrant as specified in its charter) Delaware 36-3150143 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 500 West Monroe Street 60661 Chicago, Illinois (Zip Code) (Address of principal executive offices) Registrant’s telephone number; including area code (866) 374-2678 Securities registered pursuant to section 12(b) of the Act: (s) Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.01 par value per share ATGE New York Stock Exchange NYSE Chicago Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes þ No ◻ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ◻ No þ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
[Show full text]