– USA, FL – Laureate Education, Inc. (NASDAQ: LAUR) today announced the election of Aristides de Macedo to its Board as an independent Director, effective immediately.
The company also announced the appointment of Andrew Cohen as Vice-Chair of the Board of Directors.
About Aristides de Macedo
Mr. de Macedo has more than 30 years of international business experience in Latin America. Mr. de Macedo previously served as CEO of Grupo Salud Del Perú SAC from 2010 to 2011 and held various executive positions with Kraft Foods Inc. from 1999 to 2009, including as President of each of Kraft Andean and Brasil. Mr. de Macedo serves and has served on various public and private boards of directors in Latin America. Additionally, Mr. de Macedo was the independent Chair of the board of directors of Universidad Peruana de Ciencias Aplicadas, a Laureate university, from 2015 to April 2023.
Mr. de Macedo will serve as a member of the Board’s Audit and Risk Committee and Education Committee.
Following Mr. de Macedo’s election, Laureate’s Board is comprised of nine directors, eight of whom are independent. Laureate believes that maintaining a Board with the optimal mix of skills, expertise, and experience is critical to delivering long-term value for stockholders and achieving superior academic outcomes for our students.
Mr. Cohen has served on Laureate’s Board since 2013 and is the Chair of the Compensation Committee and a Nominating and Corporate Governance Committee member. Mr. Cohen is CIO and Co-Founder of Cohen Private Ventures, LLC, which invests long-term capital, primarily in direct private investments and other opportunistic transactions, and manages family office activities, on behalf of Steven A. Cohen.
About Laureate Education, Inc.
Laureate Education, Inc. operates five higher education institutions across Mexico and Peru, enrolling more than 420,000 students in high-quality undergraduate, graduate, and specialized degree programs through campus-based and online learning. Our universities have a deep commitment to academic quality and innovation, strive for market-leading employability outcomes, and work to make higher education more accessible. At Laureate, we know that when our students succeed, countries prosper, and societies benefit.
Source: https://www.laureate.net/
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