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Posted 19 December, 2023

Grand Canyon Education, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:LOPE in a 8-K filed on 19 December, 2023.


  In accordance with this policy, Mr. David M. Adame, a director since 2021, tendered his resignation for consideration in light of his resignation as President and Chief Executive Officer of Chicanos por la Causa. Effective December 15, 2023, the Board of Directors, acting on the recommendation of the Nominating and Corporate Governance Committee, accepted Mr. Adame's resignation.  

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Overview of Grand Canyon Education, Inc.
Business/Consumer Services • Consumer Services
Grand Canyon Education, Inc. engages in the provision of education services. It offers graduate and undergraduate degree programs and certificates across colleges. The company was founded by Christopher C. Richardson and Brent D. Richardson in November 2003 and is headquartered in Phoenix, AZ.
Market Cap
$4.01B
View Company Details
Grand Canyon Education, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

Resignation of Director in accordance with Corporate Governance Principles

The Corporate Governance Principles and Practices of Grand Canyon Education, Inc. (the "Company") require that a director tender his or her resignation for consideration by the Nominating and Corporate Governance Committee of the Board of Directors upon ceasing to be actively employed in his or her principal business or profession. In accordance with this policy, Mr. David M. Adame, a director since 2021, tendered his resignation for consideration in light of his resignation as President and Chief Executive Officer of Chicanos por la Causa. Effective December 15, 2023, the Board of Directors, acting on the recommendation of the Nominating and Corporate Governance Committee, accepted Mr. Adame's resignation. Mr. Adame's decision to resign is not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

The Nominating and Corporate Governance Committee intends promptly to launch a search for candidates to fill the vacancy on the Board of Directors created by the foregoing resignation.