On July 1, 2015, National American University Holdings, Inc. announced the retirement of Dr. Jerry L. Gallentine, the President of the Company, Dlorah, Inc., the Company's wholly-owned subsidiary, and National American University, effective July 1, 2015. Dr. Gallentine will continue to serve as the chairman of National American University's Board of Governors and as the vice chairman of the Company's Board of Directors.