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2U Inc (TWOU.OQ)

TWOU.OQ on NASDAQ Stock Exchange Global Select Market

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15 Dec 2017
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Summary

Name Age Since Current Position

Paul Maeder

62 2012 Independent Chairman of the Board

Christopher Paucek

46 2012 Chief Executive Officer, Director

Catherine Graham

56 2012 Chief Financial Officer

Andrew Hermalyn

2017 Executive Vice President - University Partnerships and Programs

John Dobbertin

2017 Senior Vice President - Retention and Engagement

James Kenigsberg

41 2010 Chief Technology Officer

Harsha Mokkarala

37 2016 Chief Marketing Officer

Adora Jenkins

2017 Vice President - Communications and Engagement

Valerie Jarrett

2017 Director

Mark Chernis

49 2009 Independent Director

Timothy Haley

61 2010 Independent Director

Sallie Krawcheck

51 Independent Director

John Larson

64 2009 Independent Director

Earl Lewis

60 Independent Director

Edward Macias

72 2014 Independent Director

Coretha Rushing

61 2016 Independent Director

Robert Stavis

53 2011 Independent Director

Biographies

Name Description

Paul Maeder

Mr. Paul A. Maeder is Independent Chairman of the Board of the Company. Mr. Maeder is a General Partner of Highland Capital Partners, a venture capital firm he co-founded in 1988. He currently serves on the boards of several private companies. He holds a B.S.E. in Aerospace and Mechanical Sciences from Princeton University, an M.S.E. in Mechanical Engineering from Stanford University and a M.B.A. from the Harvard Business School.

Christopher Paucek

Mr. Christopher J. Paucek is Chief Executive Officer, Director of the Company. He previously served as our President and Chief Operating Officer from April 2008 through December 2011. Prior to 2U, Mr. Paucek served as the chief executive officer of Smarterville, Inc., the parent company of Hooked on Phonics, from 2007 until 2008. From 2004 to 2007, Mr. Paucek served as vice president of business development and president of Educate Products for Educate, Inc. In 2004, Mr. Paucek served as deputy campaign manager for the successful re-election campaign of United States Senator Barbara Mikulski. Mr. Paucek began his career in 1993 by co-founding Cerebellum Corporation, the media company behind the award-winning educational Standard Deviants television program and video series, and he led Cerebellum as co-chief executive officer until 2003. Mr. Paucek holds a B.A. from The George Washington University and is currently enrolled in our MBA@UNC program at the UNC Kenan-Flagler Business School of the University of North Carolina at Chapel Hill.

Catherine Graham

Ms. Catherine A. Graham is Chief Financial Officer of the Company. She served as chief financial officer for Online Resources Corporation, a financial technology company, from 2002 to April 2012. Prior to that, she served as chief financial officer for VIA NET.WORKS, Inc., an Internet services and web hosting provider, from 1998 to 2002. Previously, she served in senior financial positions with Yurie Systems, a telecommunications equipment manufacturer, and other public companies, as well as with several commercial banks. Ms. Graham holds a B.A. from the University of Maryland and an M.B.A. from Loyola University Maryland.

Andrew Hermalyn

Mr. Andrew Hermalyn serves as Executive Vice President - University Partnerships and Programs of the Company. Hermalyn has been with the company since its inception, holding a wide range of leadership positions over nearly a decade. As 2U's first director of business development, Hermalyn helped successfully negotiate many of the company's earliest partnerships, including American University, George Washington University, Simmons College, UC Berkeley, University of North Carolina at Chapel Hill and Washington University in St. Louis. Most recently as executive vice president of strategic partnerships, Andrew played a crucial role in driving 2U's growth by expanding the company's university portfolio from 14 to 22 partners in the past 15 months, including the addition of Harvard University.

John Dobbertin

Mr. John Dobbertin is Senior Vice President - Retention and Engagement of the Company. Dobbertin, a seasoned C-suite executive with over two decades of domestic and international experience in the education technology sector, will lead 2U's efforts to further improve upon its industry-leading track record of quality clinical placements and student retention, satisfaction, and outcomes. Dobbertin joins 2U from Helix Education where he served as chief operating officer, overseeing the marketing, retention and enrollment services divisions. Prior to Helix Education, Dobbertin was senior vice president of business operations and services at Pearson eCollege, managing all partner-facing aspects of the platform, and general manager of Pearson EQUELLA in Australia.

James Kenigsberg

Mr. James Kenigsberg is Chief Technology Officer of the Company. Mr. Kenigsberg held various leadership positions at The Princeton Review, including from 2004 to 2008 as vice president of application development and product development. Prior to that, he served as technical project manager at Ogilvy & Mathers in 2000 and as project engineer at Thomson Reuters from 1998 to 2000. Mr. Kenigsberg attended Hunter College.

Harsha Mokkarala

Mr. Harsha Mokkarala is Chief Marketing Officer of the Company. Mr. Mokkarala joined the Company in September 2013 to lead our data driven marketing function. From 2004 to 2013, Mr. Mokkarala held various roles at Capital One in digital marketing and ultimately managed all facets of online marketing for Capital One's credit card acquisitions group. Mr. Mokkarala has over nine years of experience in data driven online marketing. He holds a master's degree in Computer Engineering from the University of Wisconsin, Madison.

Adora Jenkins

Ms. Adora Andy Jenkins is Vice President - Communications and Engagement of the Company. Jenkins, who brings over 15 years of experience in executive-level communication roles, will oversee all external communications and engagement efforts at 2U. She joins the company after nearly four years as senior vice president of external affairs at the Information Technology Industry Council (ITI), the technology sector's most well-respected trade association, where she lead communications, outreach, and strategic partnerships. Prior to ITI, Jenkins held a number of senior positions in the Obama Administration, including press secretary to U.S. Attorney GeneralEric Holderand head of the communications team at the Environmental Protection Agency.

Valerie Jarrett

Ms. Valerie B. Jarrett serves as Director of the Company. Jarrett is a respected and acclaimed civic leader, business executive and attorney who most recently held the role of the longest-serving senior advisor to President Barack Obama where she oversaw the Office of Public Engagement and Intergovernmental Affairs and chaired the White House Council on Women and Girls. Prior to joining the Obama Administration, Jarrett was CEO of The Habitat Company, a real estate development and management company headquartered in Chicago. She has also served on numerous corporate and civic boards, including Chairman of the Chicago Stock Exchange, Chairman of the University of Chicago Medical Center Board of Trustees, Chairman of the University of Chicago, and director of the Federal Reserve Bank of Chicago.

Mark Chernis

Mr. Mark J. Chernis is Independent Director of the Company. Mr. Chernis joined Pearson in June 2011 following the acquisition of SchoolNet. He currently serves as the SVP of Strategic Partnerships and Investments and was previously the President and Chief Operating Officer of SchoolNet. Mr. Chernis has held various positions at The Princeton Review beginning in 1984, most recently serving as its President from 1995 to November 2007. Mr. Chernis holds a B.A. from Vassar College.

Timothy Haley

Mr. Timothy M. Haley is Independent Director of the Company. Mr. Haley is a founding partner of Redpoint Ventures, a venture capital firm, and has been a Managing Director of the firm since 1999. Mr. Haley was also the managing director of Institutional Venture Partners, a venture capital firm, from 1998 to 2010. From 1986 to 1998, Mr. Haley was the president of Haley Associates, an executive recruiting firm in the high technology industry. Mr. Haley currently serves on the board of directors of Netflix, Inc. and several private companies. Mr. Haley holds a B.A. from Santa Clara University.

Sallie Krawcheck

Ms. Sallie L. Krawcheck is Independent Director of the Company. Ms. Krawcheck has been the Chief Executive Officer and owner of Ellevate Asset Management, an investment firm focused on companies where women make up a significant portion of officers and directors, since June 2014, and an owner of Ellevate Network (formerly 85 Broads), a professional women's networking organization, since May 2013. Ms. Krawcheck was the President of Global Wealth & Investment Management for Bank of America from August 2009 to September 2011. Prior to joining Bank of America, Ms. Krawcheck held a variety of senior executive positions at Citigroup from 2002 to 2008, including Chief Executive Officer of its Smith Barney division, Chief Financial Officer of Citigroup and Chief Executive Officer and Chairman of Citi Global Wealth Management. She served as a director of BlackRock Inc. from 2009 to 2011 and Dell Inc. from 2006 to 2009. Ms. Krawcheck holds a B.A. from the University of North Carolina at Chapel Hill and a M.B.A. from Columbia University.

John Larson

Mr. John M. Larson is Independent Director of the Company. Mr. Larson has served as the Executive Chairman and Chief Executive Officer of Triumph Higher Education Group, Inc., a culinary education company, since 2010. He also serves as President of Triumph Group, Inc., a company that advises and invests in domestic and international education companies. Mr. Larson founded and served as President, Chief Executive Officer and director of Career Education Corporation, or CEC, a publicly held post-secondary education company, from its inception in 1994 through his retirement from the company in 2006, including as Chairman of the Board from 2000 to 2006. He became Chairman Emeritus of CEC in 2006 and continues to serve in that position. He holds a B.S. in Business Administration from the University of California at Berkeley.

Earl Lewis

Dr. Earl Lewis, Ph.D., is Independent Director of the Company. Dr. Lewis has been the President of The Andrew W. Mellon Foundation, a philanthropic organization committed to advancing higher education, the arts and civil society. From January 2013 to March 2013, he served as President-designate of the Mellon Foundation. Prior to joining the Mellon Foundation, Dr. Lewis served as Provost and Executive Vice President of Academic Affairs at Emory University from 2004 to December 2012. He also held a variety of faculty positions at the University of California at Berkeley and the University of Michigan from 1984 through 2004, and served as Vice Provost for Academic Affairs—Graduate Studies and dean of the Horace H. Rackham School of Graduate Studies at the University of Michigan from 1998 to 2004. Dr. Lewis holds a B.A. from Concordia College and a M.A. and Ph.D. from the University of Minnesota.

Edward Macias

Dr. Edward S. Macias is Independent Director of the Company. Dr. Macias is currently the Provost Emeritus, Barbara and David Thomas Distinguished Professor in Arts & Sciences at Washington University in St. Louis. Previously, Dr. Macias was the chief academic officer of Washington University in St. Louis for 25 years, before stepping down from his position as Provost and Executive Vice Chancellor in June 2013. During his tenure as Provost, Dr. Macias provided leadership in curriculum, budget and capital project development initiatives. Dr. Macias has broad experience and knowledge in higher education administration and innovation in academic settings. Following his tenure as Provost, Dr. Macias was nominated to lead the school's effort to explore its approach to online education and to leverage advances in education technology to enhance its reach and impact. Dr. Macias currently serves on the boards of the Center for Research Libraries, the Shakespeare Festival of St. Louis, Casa de Salud, Mary Institute and Saint Louis Country Day School, the St. Louis Immigration and Innovation Steering Committee and on the academic advisory board of the Schwarzman Scholars Program. He is an emeritus member of the board of Colgate University. Dr. Macias holds a bachelor's degree in Chemistry from Colgate University and a doctorate in Chemistry from Massachusetts Institute of Technology.

Coretha Rushing

Ms. Coretha M. Rushing is Independent Director of the Company. She has been Corporate Vice President and Chief Human Resources Officer of Equifax Inc. since 2006. Prior to joining Equifax, she served as an executive coach and HR Consultant with Atlanta-based Cameron Wesley LLC. Prior to joining Cameron Wesley, she was Senior Vice President of Human Resources of The Coca-Cola Company, where she was employed from 1996 until 2004. Prior to that, she worked in a number of senior level positions in Pizza Hut (a division of PepsiCo) and IBM. She is currently the Board chair designate for the Society of Human Resource Management, a 300,000 membership organization whose membership is comprised of global human resource professionals. For the years 2017 and 2018, she will be the Chairman of the Board. Ms. Rushing holds a B.A. in industrial psychology from East Carolina University and a master's degree in human resources from the Society of Human Resource Management.

Robert Stavis

Mr. Robert M. Stavis is Independent Director of the Company. Mr. Stavis has been a partner at Bessemer Venture Partners, a venture capital firm, since 2000. Prior to joining Bessemer, Mr. Stavis was an independent private equity investor. Prior to that, he served in various positions at Salomon Smith Barney, including as co-head of global arbitrage trading. Mr. Stavis holds a B.A.S. in Engineering from the University of Pennsylvania's School of Engineering and Applied Sciences and a B.S. in Economics from the University of Pennsylvania's Wharton School.

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