Our goal is for Embanet to be the partner of choice for institutions seeking a solutions provider capable of delivering quality online programs that require no capital investment.
Toronto, Ontario, Canada (PRWEB) May 5, 2008
Embanet ULC, a leading online education partner to a growing number of esteemed colleges and universities, is pleased to announce the appointment of Steve Fireng to the post of Chief Executive Officer. Fireng takes the reins of a company poised to lead the eLearning industry with its comprehensive range of proven solutions for superior online education programs.
"We're extremely enthusiastic about the energy, leadership and experience Steve will bring to the company," remarked John L. Drew, General Partner of Technology Crossover Ventures. "Our goal is for Embanet to be the partner of choice for institutions seeking a solutions provider capable of delivering quality online programs that require no capital investment."
Prior to joining Embanet, Fireng was at the helm of Career Education Corporation's University, International Academy and College divisions, a billion dollar revenue portfolio comprised of both 100% online degree programs and dozens of site-based campuses throughout north America. Under his stewardship, where he oversaw all areas of operations, strategy and P&L, CEC grew a fully online education businesses from zero to over 31,000 students. He also was chancellor/President at two online universities.
Fireng looks forward to his new post and the opportunity to partner with top tier colleges and universities that emphasize academic heritage and educational integrity. "Now that online education has become widely accepted and increasingly prevalent in our society, students are becoming very selective about the reputations of the schools they choose and the quality of the degree programs into which they enroll. And that's where Embanet has a distinct advantage in the online education marketplace; our partner schools represent some of the most esteemed institutions of higher learning across North America."
In addition to serving as Chief Executive Officer, Fireng will also be a member of the Embanet Board of Directors.
About Embanet ULC
As one of the founding companies in the online education industry, Embanet has teamed with prestigious universities across North America, including The George Washington University, Boston University and Vanderbilt. Embanet strives to provide individually tailored solutions that empower its university partners to develop and expand their online degree programs. Through collaboration and teamwork, the company provides a comprehensive range of superior support services that result in industry-leading graduation rates and, in the process, generate new revenue streams.
Embanet's fully hosted eLearning solutions include a tier 1 data center, 24/7/365 support, course development, implementation services, system integration and faculty recruitment and training. For more information on Embanet, please visit http://www.embanet.com.
Press Relations Contact:
Bart Levitt
Senior Vice President
416-494-6622 Ext. 3519
blevitt @ embanet.com
©2008 Embanet ULC. All rights reserved.
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