American Public Education, Inc. (NASDAQ: APEI) – parent company of American Public University System (APUS) and Hondros College, Nursing Programs – announced that its board of directors has approved a plan for Harry T. Wilkins to lead the Company’s newest subsidiary and strategic development efforts, and for Richard W. Sunderland, Jr. to succeed Mr. Wilkins as APEI’s CFO.
Effective January 1, 2014, Harry T. Wilkins, the Company’s current executive vice president and chief financial officer, will become CEO of National Education Seminars, which operates Hondros College, Nursing Programs. In addition, Mr. Wilkins will serve as APEI’s executive vice president and chief development officer. Mr. Sunderland, currently the APUS senior vice president of finance, has been appointed to succeed Mr. Wilkins as executive vice president and chief financial officer of APEI and APUS.
“For nearly ten years, Mr. Wilkins has served our institution with tremendous distinction – we have greatly benefited from his extensive financial, operational and business development experience,” stated Dr. Wallace E. Boston, president and chief executive officer of American Public Education, Inc. “We believe these capabilities make him exceptionally qualified to lead Hondros College, Nursing Programs, as well as continue to guide our efforts to consider and pursue strategic investments and acquisitions.”
Mr. Wilkins joined APUS in January 2007 as CFO, after having served on the APEI Board of Directors since December 2004 and the APUS Board of Trustees since January 2005. Mr. Wilkins’ career experience also includes financial and operational leadership as the former chief financial officer and chief operating officer of Strayer Education, Inc. (the education services holding company that owns Strayer University, a regionally accredited university with campus-based and online operations). In addition, Mr. Wilkins previously served in other financial, executive and business development roles at the accounting firms Wooden & Benson and Deloitte & Touche.