Career Education Appoints Teresa Cotton Santos To Newly-Created Chief Ethics & Compliance Officer Role

Career Education Corporation (CEC) (NASDAQ: CECO), a global provider of postsecondary education programs and services, today reinforced its commitment to compliant and ethical behavior across its campuses and offices, announcing that Teresa (Teri) Cotton Santos will join the company in the newly created position of Senior Vice President, Chief Ethics & Compliance Officer.

“Hiring Teri Cotton Santos further underscores the extent to which we have fortified our compliance programs over the past year,” said Steven H. Lesnik, Chairman, President and CEO of Career Education. “Ethical behavior and compliance are cornerstones of this organization and Teri sharpens and elevates that focus. Teri brings high intellect, experience and expertise to the Chief Ethics & Compliance Officer position. I greatly look forward to her joining our senior leadership team and to the breadth, depth and passion she brings to the Company and to this critical, new role.”

Cotton Santos joins Career Education from Eli Lilly and Company, where she served as Assistant General Counsel, Litigation and Legal Compliance, managing all aspects of litigation and developing strategies for mitigating risk. Since joining Eli Lilly in 1998, she has held a variety of legal positions for the global pharmaceutical company, gaining valuable experience in another highly regulated sector. Earlier in her career, Cotton Santos served as a prosecutor in the Office of the Circuit Attorney for the City of St. Louis, where she tried criminal cases.

Cotton Santos graduated Cum Laude with a Bachelor of Arts degree from Wellesley College (Mass.) and later earned her juris doctor (J.D.) from Washington University School of Law in St. Louis.

About Career Education Corporation

The colleges, schools and universities that are part of the Career Education Corporation (“CEC”) family offer high-quality education to a diverse student population of more than 75,000 students across the world in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. The more than 90 campuses that serve these students are located throughout the United States and in France, the United Kingdom and Monaco, and offer doctoral, master’s, bachelor’s and associate degrees and diploma and certificate programs.

CEC is an industry leader whose institutions are recognized globally. Those institutions include, among others, American InterContinental University (“AIU”); Brooks Institute; Colorado Technical University (“CTU”); Harrington College of Design; INSEEC Group (“INSEEC”) Schools; International University of Monaco (“IUM”); International Academy of Design & Technology (“IADT”); Le Cordon Bleu North America (“LCB”); and Sanford-Brown Institutes and Colleges. Through its schools, CEC is committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities.

For more information, see CEC’s website at www.careered.com. The website includes a detailed listing of individual campus locations and web links to CEC’s colleges, schools, and universities.

Copyright Business Wire 2010

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