Industry & Services >> CEO Interviews >> March 2, 2000
PATRICK K. PESCH has served as our Chief Financial Officer since October
1999 and as one of Directors of the Board since 1995. From 1992 until
joining us, Mr. Pesch served as a Senior Vice President of Heller
Financial, Inc. and also as an officer of Heller, managing a portfolio
of loan and equity investments. Mr. Pesch joined HFI in 1985 as head of
the internal audit function and served in a number of positions,
including Senior Credit Officer for Heller Corporate Finance.
Previously, Mr. Pesch was an audit manager with Arthur Young & Company.
Mr. Pesch received a Bachelor in Science of Commerce from DePaul
University and is a certified public accountant. Profile
JOHN M. LARSON is Chairman of the Board, President and Chief Executive
Officer of Career Education Corporation. He has served as Chairman since
January 2000 and as President, Chief Executive Officer and member of the
Board of Directors since founding the company in January 1994. From July
1993 until CEC's formation, Mr. Larson served as a consultant to Heller
Equity Capital Corporation. From January through May 1993, he was the
Eastern Regional Operating Manager of Educational Medical, Inc. From
1989 until 1993, Mr. Larson served as the Senior Vice President of
College Operations of Phillips Colleges, Inc. From March through
September 1989, he served as Senior Vice President of Operations of
Geneva Companies, a mergers and acquisitions firm. From 1980 to 1989,
Mr. Larson was Vice President of Marketing at National Education
Centers, Inc., a subsidiary of National Education Corporation. Mr.
Larson has also served in marketing positions with DeVry Inc. at its
Chicago and Kansas City campuses. Mr. Larson received a Bachelor of
Science degree in Business Administration from the University of
California at Berkeley and has completed the Executive Management
Program at Stanford University. In 2000, Mr. Larson was named the Ernst
& Young Entrepreneur of the Year for the Illinois and Northwestern
Indiana region in the service category. Profile
TWST: Could you begin with a brief summary of your company?Mr. Larson: Career Education Corporation was founded in 1994. We're in
the private postsecondary education industry. We've got 270