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American Public University System Announces Commencement of Presidential Search

Charles Town, W. Va., Dec. 14, 2015American Public University System (APUS) today announced that it is commencing a search for a new president of APUS as part of an anticipated organizational realignment.  After the identification of his successor, APUS President and CEO Dr. Wallace E. Boston will  focus on his position as CEO with APUS parent company American Public Education, Inc. (APEI) providing strategic and leadership support to APUS, Hondros College of Nursing, and other APEI ventures.

The APUS Board of Trustees has engaged BSG Team Ventures to lead a formal search for Dr. Boston’s successor, which is not expected to conclude before the end of the first calendar quarter of 2016.  “It’s been an honor to serve as president of APUS during a period of many institutional successes,” said Dr. Boston, and “I look forward to working with a new president of APUS to help advance the accomplishments of both organizations.”

The search for a new APUS president is occurring in the context of an anticipated organizational realignment.  Over time, APEI’s focus has broadened beyond APUS, including as a result of APEI’s acquisition of Hondros College of Nursing in 2013.  After careful consideration, Dr. Boston and the boards of APUS and APEI determined that it would benefit both APUS and APEI to have dedicated management teams focused on the day-to-day operations of each entity.

“APUS’s core mission of educating those who serve, driven by an ongoing commitment to academic excellence and affordability, remains the top priority for APUS,” said Dr. Boston. “This organizational realignment is intended to support that mission.”

About American Public University System

American Public University System, winner of the Online Learning Consortium's (OLC) Ralph E. Gomory Award for Quality Online Education and four-time recipient of the OLC's Effective Practice Award, offers more than 90 online degree programs through American Military University and American Public University. More than 50,000 alumni worldwide have benefited from APUS's relevant curriculum, affordability, and flexibility in pursuing and earning degrees in such areas as business, information technology, and security and global studies.  For further information, visit www.apus.edu.

 

Forward Looking Statements
Statements made in this press release regarding American Public Education, Inc., or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and projections about American Public Education, Inc. and the industry. These forward-looking statements are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Forward-looking statements can be identified by words such as "anticipate," "believe," “seek,” "could," "estimate," "expect," "intend," "may," "should," "will" and "would.” These forward-looking statements include, without limitation, statements regarding expected growth, amounts and nature of anticipated charges, expected registration and enrollments, expected revenues, and expected earnings. Actual results could differ materially from those expressed or implied by these forward-looking statements as a result of various factors, including the various risks described in the "Risk Factors" section and elsewhere in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2015 and other filings with the SEC. The Company undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

Contact: 
Brian Muys
703-268-1143
bmuys@apus.edu

American Public University System, recipient of the Online Learning Consortium's (OLC) Ralph E. Gomory Award for Quality Online Education and four-time recipient of the OLC's Effective Practice Award, offers more than 90 online degree programs through American Military University and American Public University. More than 50,000 alumni worldwide have benefited from APUS's relevant curriculum, affordability, and flexibility in pursuing and earning degrees in such areas as business, information technology, and security and global studies. For further information, www.apus.edu.

Contact Info

Brian Muys

Brian Muys

Associate VP Public Relations
571.358.3145