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ITT Educational Services Inc announces governance changes

Monday, 4 Aug 2014 05:33pm EDT 

ITT Educational Services Inc:Kevin M. Modany notified Board that he intended to resign as Chief Executive Officer, effective Feb. 04, 2015.In addition, Modany resigned as director and Chairman of Board, effective Aug. 04, 2014.Says on Aug. 04, 2014, Board also established new office of Executive Chairman of Board, until new Chief Executive Officer is hired, after which office of Chairman of Board will be filled by an independent director.John E. Dean, who has served as member of Board since 1994, was appointed Executive Chairman of Board.Also announces that Eugene W. Feichtner has been promoted to office of President and Chief Operating Officer of company. 

Company Quote

-0.25 -3.16%
16 Sep 2014