Education Management names 2 members to board

Former Heinz CEO and retired Air Force general nominated to Education Management's board

Associated Press

PITTSBURGH (AP) -- Education Management Corp. said Thursday a former Heinz executive and a retired Air Force general have been nominated to its board of directors.

Shareholders will vote on Nov. 8 to determine if William Johnson, the former chairman, president & CEO of H.J. Heinz Co. and retired Gen. Lester Lyles of the U.S. Air Force will join the board of the for-profit education company. If approved, Johnson would serve as non-executive chairman, succeeding Todd Nelson, who is not standing for re-election at the end of his term.

Education Management CEO Edward West said both have deep and diverse experience in the public and private sectors that could help the company.

Pittsburgh-based Education Management has 110 colleges and universities across North America, including Argosy University, The Art Institutes, Brown Mackie Colleges and South University. It offers academic programs through campus-based and online instruction.

Shares of the company fell 28 cents to $9.21 in midday trading amid a broader market decline.

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