NEW YORK, July 13, 2021 (World NEWSWIRE) — Aspen Group, Inc. (“Aspen Group” or “AGI”) (Nasdaq: ASPU), an training know-how keeping business, these days introduced the appointment of Matthew LaVay to its govt administration crew as Main Financial Officer, helpful August 16, 2021.
Mr. LaVay most not long ago served as CFO of Amerit Fleet Methods, a private equity-backed fleet expert services organization serving 7 of the 10 most significant fleets in the United States. Prior to that, he served as CFO of Ellie Mae, a major cloud-dependent system company for the house loan finance industry. Through his time at Ellie Mae, the business grew from just more than $50 million in once-a-year earnings to above $450 million in yearly earnings. Mr. LaVay provides with him much more than two many years of economical and operational management and is recognized for his deep sector expertise in Computer software, Money Expert services and Instruction, acquiring earlier held the position of Company Controller at Scientific Mastering, a chief in evidence-based mostly on-line studying and language computer software that was obtained by an affiliate of Carnegie Mastering.
“After conducting an exhaustive lookup, Matthew was the apparent choice to direct our finance firm,” claimed Michael Mathews, Chairman and CEO of AGI. “He has established various periods the skill to efficiently scale public and personal providers, and his earlier expertise in equally the education and software package industries is a ideal strategic fit for Aspen Team.”
“Aspen Group’s mission of producing higher education reasonably priced yet again is what will make this prospect so interesting,” LaVay explained. “The Company’s proprietary EdTech infrastructure has been the crucial to delivering business-leading device economics and is the asset we will continue to make investments in to push extensive-expression shareholder benefit.”
About Matthew LaVay
Mr. LaVay has worked in accounting and finance for around 25 a long time. He began his occupation in general public accounting at Arthur Andersen serving as a senior supervisor in the audit apply. Subsequent to Arthur Andersen, Mr. LaVay went on to provide in progressively much more senior finance and accounting roles, principally in publicly traded program and monetary providers corporations. Most a short while ago, he served as the Main Economical Officer of Ellie Mae, Inc., a publicly traded cloud-dependent system provider for the mortgage loan finance industry, and as the Chief Financial Officer of Amerit Fleet Methods, a personal fairness backed fleet administration organization. Mr. LaVay brings extensive practical experience optimizing the economic functions of higher growth corporations. He holds a Learn of Experienced Accountancy degree from Georgia Point out College and a Bachelor of Science degree in Industrial Management from The Georgia Institute of Technological know-how and is a Certified General public Accountant in the Condition of California.
About Aspen Team, Inc.:
Aspen Group, Inc. is an education and learning technological know-how keeping firm that leverages its infrastructure and know-how to permit its two universities, Aspen College and United States College, to produce on the eyesight of making faculty affordable once more. For extra info, visit www.aspu.com.
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