American Public Education Welcomes Richard J. Statuto to Its Board, Enhancing Leadership Expertise

American Public Education Welcomes Richard J. Statuto to Its Board

On March 6, 2025, American Public Education, Inc. (NASDAQ: APEI) announced the appointment of Richard J. Statuto, a prominent figure in the healthcare sector, to its Board of Directors. This strategic move increases the total number of APEI board members to nine, further diversifying their leadership team. With more than three decades of experience in healthcare administration, Statuto's addition is anticipated to bolster APEI's mission and future goals significantly.

Mr. Statuto is acknowledged for his previous role as President and CEO of Bon Secours Health System, one of the major health systems in the United States, where he served with distinction for 13 years. Notably, during his tenure, he helped oversee operations for a system that consistently posted revenues exceeding $3 billion. This experience aligns perfectly with APEI's strategic objectives, particularly as it continues to expand its impact within the educational sector for healthcare professionals.

In response to his appointment, Ric Andersen, Chairman of APEI's Board of Directors, expressed enthusiasm, stating, "We are excited to welcome Rich to APEI's Board of Directors. His impressive experience driving growth at large health systems aligns well with APEI's strategy and future objectives." Andersen's remarks underscore the expectation that Statuto will provide invaluable insights into the intersection of healthcare and education, ensuring APEI remains a leader in these fields.

Additionally, Angela Selden, APEI's President and CEO, recognized Statuto's achievements within mission-driven organization, highlighting the positive influence he is expected to have on APEI's strategic direction. Selden noted, "I look forward to collaborating with Rich as we continue to educate tomorrow's leaders in nursing, healthcare, and beyond." This optimism illustrates APEI's commitment to excellence in education and the significant role that strong leadership plays in achieving their objectives.

Statuto has an impressive history of service on several boards, including the Catholic Health Association and the American Heart Association, showcasing his extensive network and influence in the sector. His extensive leadership experience not only enhances APEI's Board but also bridges relationships across various healthcare organizations, reinforcing APEI's dedication to providing quality education and resources.

Furthermore, Statuto holds an MBA from Xavier University and a bachelor's degree from Vanderbilt University, further demonstrating his commitment to education and personal development. His academic background complements APEI's vision of fostering educational achievement and opportunity.

About American Public Education, Inc.

American Public Education, Inc. operates through its various institutions, such as the American Public University System and Rasmussen University, providing accessible, affordable education to adult learners worldwide. Targeting active-duty military and veterans among its diverse student population, APEI remains committed to transforming lives through education.

With over 88,000 learners served globally, APEI's mission extends beyond merely imparting knowledge; it aims to advance careers and improves communities through its educational offerings. The inclusion of Richard Statuto in their Board of Directors marks a progressive step towards achieving these ambitions as APEI navigates the evolving landscape of healthcare education.

In conclusion, Mr. Statuto’s appointment signals a promising future for American Public Education, as it continues to innovate and strengthen its position in the educational landscape, particularly in relation to healthcare and nursing education. APEI is excited to leverage Mr. Statuto's leadership expertise to enhance shareholder value and educational outcomes as both the healthcare and educational sectors evolve together.