So I checked out this lawyer guy from linkedin. So it said he is now with COCO for 2 months now, and Yahoo shows he got 28k shares for the job.
Linkedin show that he was
Member of Advisory Committee on Student Financial Assistance
2009 – 2012 (3 years)Washington, DC
Appointed by the Speaker of the United States House of Representatives in 2009 to serve a term that expired in September 2012.
Also checked him out on EDMC's website, the website still show him as SVP.
Anthony J. Guida Jr.
Senior Vice President – External Affairs
Anthony J. Guida Jr. has served as Senior Vice President — External Affairs since July 2011 after serving as Senior Vice President — Regulatory Affairs and Strategic Development beginning in March 2005. In his current role, Mr. Guida oversees our regulatory affairs and compliance, government and public affairs, and strategic development efforts. He was appointed Senior Vice President — Strategic Development in March 2003 after joining us in January 2002 as Vice President — Strategic Development. Mr. Guida served as the Chief Financial Officer and General Counsel of Pennsylvania Culinary Institute from September 1999 through December 2001 and was an attorney with Buchanan Ingersoll, a law firm based in Pittsburgh, PA, from September 1986 through September 1999, being elected as a shareholder in 1994. Mr. Guida was appointed to the Advisory Committee on Student Financial Assistance by the Speaker of the United States House of Representatives in 2009 to serve a term that expires in September 2012. He is lead author on an article entitled Higher Education’s Gainful Employment and 90/10 Rules: Unintended “Scarlet Letters” for Minority, Low-Income, and Other At-Risk Students, published as part of a University of Chicago Law Review Symposium: Understanding Education in the United States, 79 U. Chi. L. Rev. 131 (2012).
Of course he's a lawyer. COCO only hires MBAs and lawyers to run their school, and yet they can't make money and they're getting sued left and right. Here's a crazy idea: maybe hire an educator rather than predators and #$%$?