News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here.
Adtalem Global Education (NYSE: ATGE), a leading healthcare educator, today announced the appointment of William “Liam” Krehbiel as an independent member of Adtalem’s Board of Directors, effective immediately. .
“Liam’s passion, energy and commitment to improving educational equity for underserved communities aligns closely with Adtalem’s mission to expand access to education and ‘improve health equity,’ said Steve Beard, President and CEO. “He brings decades of experience as a venture philanthropist, dramatically improving educational opportunities for low-income students by funding and developing the most effective schools and programs in the Chicago area. We are delighted to have him on our board to add to the depth, experience and insight the board brings to the leadership team as we focus on serving our students. and employers in the growing health care education sector.
Adtalem’s board of directors comprises 12 directors, ten of whom are independent, six of whom are people of color and four of whom are women. Adtalem’s board succession process includes regular review of its board composition and regular board refresh, and with Krehbiel’s appointment, five of its ten independent directors will have joined the board. administration of Adtalem since the start of 2020. Adtalem’s ongoing process to maintain a Board with the optimal mix of skills, expertise and experience is critical to building long-term shareholder value and obtaining superior academic results for our students.
“If we are to solve society’s most pressing problems, we must focus on the root causes, and education is at the root of so many of the challenges we face as a nation today, including health inequalities,” Krehbiel said. “I am honored to join the Adtalem Board of Directors and look forward to working with my fellow directors and the leadership team to leverage Adtalem’s scale in healthcare education to to have a significant positive social impact while creating value for Adtalem shareholders.”
Krehbiel, 46 years old, is the founder and CEO of Topography Hospitality, LLC. He is also co-manager of Ballyfin Demesne, a luxury hotel in Ireland, which opened in 2011. In 2010, Krehbiel founded A Better Chicago, a nonprofit and venture philanthropy fund, and is currently Chairman of its Board. Focused on expanding access to quality education, A Better Chicago’s mission is to build a more equitable city for Chicago’s youth and future generations. Krehbiel was managing director of A Better Chicago from 2010 to May 2019. From 2007 to 2010, he was a management consultant at Bain and Company. Prior to joining Bain, he worked with the Edna McConnell Clark Foundation in New York.
In addition to being president of A Better Chicago, Krehbiel is a director of the Civic Consulting Alliance and a director of the Civic Federation.
Krehbiel earned an MBA with a major in business administration and a dual major in finance and marketing from the Kellogg School of Management at Northwestern University. He received his Bachelor of Arts from Dartmouth College.