DeVry CEO leaves company after 9 years at the helm
DeVry Education Group Inc. said Tuesday its chief executive officer, Daniel Hamburger, is leaving the company "to pursue other opportunities," after nine years in the position, and 13 years with the company. The for-profit education company named Lisa Wardell, most recently the chief operating officer of investment company RLJ Companies, effective Tuesday. Earlier this year, DeVry was sued by the Federal Trade Commission, alleging the company deceived prospective students about the success of its graduates. The stock, which was still inactive in premarket trade, has plunged 23% year to date, while the S&P 500 has gained 0.2%.
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