19.11.2009 21:45:00
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Darren R. Huston Elected to DeVry’s Board of Directors
DeVry Inc. (NYSE:DV), a global provider of educational services, announced today that Darren R. Huston, 43, was elected to serve as a Class III director until 2012 at its annual meeting of stockholders held on Nov. 11, 2009. Lyle Logan, William T. Keevan and Julia A. McGee were also re-elected to serve as Class III directors through 2012.
"We are pleased to welcome Darren to the board,” said Harold T. Shapiro, Ph.D., board chair of DeVry Inc. "He shares the board’s strong commitment to academic quality and strong student outcomes. Further, his knowledge of technology will help DeVry’s senior leadership to best position DeVry for future growth.”
Huston’s appointment fills one of the two vacancies created by the decisions of Charles A. Bowsher and Robert C. McCormack to retire from the board effective as of this stockholders’ meeting. In addition, PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the organization.
"We also want to thank Charles and Bob for their years of service and their commitment to DeVry and our shareholders,” added Dr. Shapiro. "Both made substantial contributions during their tenures and we wish them the best of luck in their future endeavors.”
Huston is the corporate vice president of Consumer & Online for Microsoft Corporation. He previously served as president and chief executive officer of Microsoft Japan and as the corporate vice president of the company’s U.S. Small and Mid-Market Solutions and Partners division. Prior to joining Microsoft in 2003, Huston was a senior vice president at Starbucks Coffee Company, in charge of acquisitions, alliances and new product development from 1998 through 2003. He was an executive in McKinsey & Company’s marketing and strategy practice from 1994 through 1998. From 1990 to 1992, he served as an economic advisor for the Government of Canada’s Department of Finance. Huston earned his bachelor’s degree from Trent University in Peterborough, Ontario, Canada, his master’s degree in economics from the University of British Columbia and his master in business administration from Harvard University Graduate School of Business.
About DeVry Inc.
DeVry Inc. (NYSE: DV, member S&P 500 Index) is the parent organization of DeVry University, Advanced Academics, Ross University, Chamberlain College of Nursing, Apollo College, Western Career College, Becker Professional Education, and Fanor. DeVry University, which includes Keller Graduate School of Management, offers associate, bachelor's and master's degree programs in technology, healthcare technology, business and management. Advanced Academics provides education to middle and high school students and school districts in the U.S. Ross University offers doctoral degree programs through its schools of Medicine and Veterinary Medicine. Chamberlain College of Nursing offers associate, bachelor's, and master’s degree programs in nursing. Apollo College and Western Career College prepare students for careers in healthcare through certificate, associate and bachelor’s degree programs. Becker Professional Education is a global leader in professional education serving the accounting, finance and project management professions. Based in Brazil, Fanor offers degree programs in business management, law and engineering through its four schools: Faculdades Nordeste, Faculdade Ruy Barbosa, Faculdade FTE and ÁREA1. For more information, visit http://www.devryinc.com.
Certain statements contained in this release concerning DeVry's future performance, including those statements concerning DeVry's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, "Risk Factors," in the Company's most recent Annual Report on Form 10-K for the year ending June 30, 2009 and filed with the Securities and Exchange Commission on August 26, 2009.
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