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Legacy Education Inc. (NYSE: LGCY) is a for-profit post-secondary education company founded in 2009. It specializes in providing career-focused education primarily in the healthcare field, offering certificates and degrees in areas such as nursing, medical technicians, dental assisting, and business administration. The company generates revenue through tuition, lab fees, and other educational services, aiming to deliver accessible and affordable education to help students achieve their professional goals.
- Tuition and Lab Fees - Provides access to career-focused education programs, including certificates and degrees in healthcare and business fields, with fees recognized over time.
- Books, Registration, and Other Fees - Offers supplementary educational materials and administrative services, with fees recognized at a point in time.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
LeeAnn Rohmann ExecutiveBoard | Chief Executive Officer | President of the California Association of Private Postsecondary Schools (CAPPS); Federal Legislative Committee for the Career Education Colleges and Universities (CECU) | LeeAnn Rohmann has been the Chief Executive Officer of Legacy Education since July 2010 and has served as Chairman of the Board since October 2009. With over 35 years of experience in the higher education industry, she founded Legacy Education and has been instrumental in its growth. | View Report → |
Brandon Pope Executive | Chief Financial Officer (CFO) | Brandon Pope is the Chief Financial Officer (CFO) of Legacy Education Alliance, Inc. since June 2018, with extensive experience in financial management from his roles at Squar Milner and International Education Corporation. | ||
Ragheb Milad Executive | Chief Academic Officer | Board Member of ITX PROS; Board Member of St. Athanasius and St. Cyril Theological School | Dr. Ragheb Milad has been serving as the Chief Academic Officer at Legacy Education Alliance, Inc. since June 2021. He previously contributed to the company as Corporate Director of Education (January 2019 to January 2021) and Campus President, playing a key role in developing its educational programs. | |
Blaine Faulkner Board | Director | CFO of Lightfully Behavioral Health; Advisory Board Member, Lamden School of Accountancy | Blaine Faulkner has served as a Director at LGCY since December 2023. He is also the Chair of the Audit Committee at LGCY and brings over 30 years of executive experience, having held roles such as CFO and CEO at other companies. | |
Gerald Amato Board | director | President of Amato and Partners, LLC | Gerald Amato serves as a director at Legacy Education Inc. since the company's reorganization. He previously has served as President of Amato and Partners, LLC since March 2014 and holds a Bachelor of Science in Finance from St. Francis College. | |
Peggy Tiderman Board | Director | Co-Founder and Executive Leadership Coach at Streamlined Coaching | Peggy Tiderman has been serving as a Director at LGCY since December 2023. Prior to joining LGCY, she co-founded and served as an Executive Leadership Coach at Streamlined Coaching since 2017 and was a Commissioner at ACCET from December 2011 to August 2020. |
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
San Joaquin Valley College | This competitor is one of the local institutions mentioned as competing in the for-profit, post-secondary education industry, which is highly competitive and fragmented. It may have greater financial resources and brand recognition than the company. |
Charter College Lancaster | This competitor is identified as a local institution competing in the same industry, potentially benefiting from greater financial resources and brand recognition. |
Career Care Institute | This competitor operates locally and is part of the competitive landscape in the for-profit, post-secondary education sector. It may have advantages in financial resources and brand recognition. |
UEI College | This local competitor is part of the fragmented and competitive for-profit education market, possibly enjoying greater financial resources and brand recognition. |
Bakersfield College | This competitor is a local institution that competes in the same industry and may have access to greater financial resources and brand recognition. |
Pima Medical Institute | This competitor is a local institution in the for-profit education sector, potentially benefiting from greater financial resources and brand recognition. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Contra Costa Medical Career College | 2024 | Legacy Education Inc. acquired substantially all assets of CCMCC for a total of $8,000,000 (including $6,133,079.84 cash, a $400,000 promissory note, and 118,906 shares in escrow) to expand its California campus network and healthcare education portfolio; the deal included transitional consulting and specific regulatory conditions regarding Title IV eligibility. |
Asher College | 2022 | Legacy Education merged Asher College (via MDDV, Inc.) into Legacy Education Elevation, L.L.C., issuing 6,000,000 common, 2,333,333 preferred shares, warrants, and 2,000,000 earnout shares (with a potential $600,000 cash earnout) to drive growth in accredited programs and expand its vocational education offerings, including a 51% stake in IntelliTec College. |
No recent press releases or 8-K filings found for LGCY.