Laureate Education Announces Changes To Its Board

(RTTNews) - Laureate Education, Inc. (LAUR) announced several changes to its Board of Directors. It elected Eilif Serck-Hanssen, President and Chief Administrative Officer, who will become Laureate's Chief Executive Officer on January 1, 2018, to the Board of Directors, also effective on that date.

Kenneth Freeman was also selected as Lead Independent Director. Freeman has served as an independent director since April 2017, and is the Allen Questrom Professor and Dean at Boston University Questrom School of Business.

In addition, Robert Zoellick will resign as a director, effective December 31, 2017. Zoellick, who served as President of the World Bank from 2007 to 2012, and was appointed Chairman of AllianceBernstein earlier this year, has served as an independent director of Laureate since December 2013.