Adtalem appoints Stephen Beard CEO; explores strategic alternatives for Financial Services segment

Covista Inc.

Stephen Beard, current COO, becomes CEO effective Sept. 8, 2021; Lisa Wardell transitions to executive chairman.
Beard receives $900k base salary, 120% MIP target, sign-on equity; reaffirmed FY2021 guidance: rev +5–7%, EPS +28–32%.
Company explores strategic alternatives for Financial Services segment (ACAMS, Becker, OnCourse Learning); no timetable set.
Board-led succession process; Beard joined Adtalem in 2018, led Walden acquisition integration.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Stephen W. Beard

president and chief executive officer

CVSA · Covista Inc.

Effective: 2021-09-08
Filed: August 6, 2021, 7:59 PM ET

On August 4, 2021, Adtalem Global Education Inc. (“ATGE”) announced the appointment of Stephen W. Beard as the president and chief executive officer of ATGE effective September 8, 2021.

Role change

Lisa W. Wardell

executive chairman of the Board

CVSA · Covista Inc.

Effective: 2021-09-08
Successor: Stephen W. Beard
Filed: August 6, 2021, 7:59 PM ET

On the effective date of Mr. Beard’s appointment, Ms. Wardell will transition to the role of executive chairman of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen W. Beard was appointed as president and chief executive officer at Covista Inc..

Action: appointed
Role: president and chief executive officer

Exact text from the filing

On August 4, 2021, Adtalem Global Education Inc. (“ATGE”) announced the appointment of Stephen W. Beard as the president and chief executive officer of ATGE effective September 8, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lisa W. Wardell changed role as executive chairman of the Board at Covista Inc..

Action: transitioned
Role: executive chairman of the Board

Exact text from the filing

On the effective date of Mr. Beard’s appointment, Ms. Wardell will transition to the role of executive chairman of the Board.

View on SEC.gov

Covista Inc. filing history →

Source: SEC EDGAR

accession 0001157523-21-001023

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