News

Education Corporation of America Announces Stu Reed as Chief Executive Officer

Jan 14, 2015

BIRMINGHAM, Ala. – January 14, 2015 – Education Corporation of America (ECA) is pleased to announce Stu Reed as its new Chief Executive Officer (CEO) effective Jan. 15. Formerly in the role of president and Chief Operating Officer at ECA, Reed will replace Tom Moore, who will become Vice Chairman of the ECA board of directors.

As CEO, Reed will work to shape the strategic direction and continued growth of ECA as it pursues its ongoing core mission to provide high-quality education and paths to new careers for students. With current enrollment of over 19,000 students, ECA is a leader in the post-secondary career school market and owns and operates private institutions of higher education throughout the United States including Virginia College, Golf Academy of America, New England College of Business, and Ecotech Institute.

"Stu has clearly demonstrated during his tenure with us as President and COO a passion for our industry and our mission, strong leadership and a commitment to excellence," says Avy Stein, chairman of the Board of Directors for ECA. "Stu's background prior to ECA and his personal focus on education positions ECA as a company to leverage the growth potential that exists in the education sector, both organically and through acquisitions." 

Reed joined ECA after a successful career most recently with Sears Holdings, where he served as president of the company's $3.7 billion Home Services business unit for the past six years. Prior to that, he was a senior executive for Motorola, where he ran the company's Supply Chain and Operations, and later served as president of the company's $20 billion Mobile Devices division. He also served more than 20 years at IBM, where he held executive roles in multiple operational areas and was a key thought leader among the team of senior executives who transformed IBM's supply chain operation.

Reed holds a master's degree in management from the Massachusetts Institute of Technology where he was appointed a Sloan Fellow. He also holds a bachelor's degree in materials and logistics management from Michigan State University. In addition to his education, he has been involved as an Executive Board Member at both the University of Wisconsin and Michigan State University.

For more information about ECA, please visit www.ecacolleges.com.

About Education Corporation of America

Birmingham, Ala.,-based Education Corporation of America (ECA) is a leader in the post-secondary career school market with current enrollment of over 19,000 students. Holdings include Virginia College, founded in 1983, a private institution of higher education that offers non-degree and associate's, bachelor's and master's degree programs in 27 different cities in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. ECA also offers classes online via vc.edu/online and operates Golf Academy of America schools in California, Arizona, South Carolina, Texas and Florida, New England College of Business in Massachusetts, and Ecotech Institute in Colorado. These schools are accredited by the Accrediting Council for Independent Colleges and Schools (ACICS) which is listed as a nationally recognized accrediting agency by the U.S. Department of Education and is recognized by the Council for Higher Education Accreditation (CHEA).

For more information, contact Diane Worthington at diane.worthington@ecacolleges.com or (205) 329-7911.