Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Effective July 29, 2021, Michael A. McRobbie was elected to serve as a Director
of Strategic Education, Inc. (the "Company"). Dr. McRobbie has not been named to
serve on any committee of the Board of Directors at this time. Dr. McRobbie
served as the 18th president of Indiana University ("IU") from July 1, 2007
until his retirement in June 2021. Dr. McRobbie served as a vice chair of the
board of directors of Indiana University Health system until his retirement from
IU, and is on the executive committee of the board of OneAmerica, a private
mutual insurance company. A native of Australia, Dr. McRobbie holds a bachelor
of arts degree with first class honors from the University of Queensland, and a
Ph.D. from Australian National University. Dr. McRobbie will receive
compensation for his service on the Board of Directors in accordance with the
Company's standard compensation arrangements for non-employee directors, a
description of which can be found under the Caption "Director Compensation" in
the Company's definitive proxy statement filed with the Securities and Exchange
Commission on March 15, 2021. There are no arrangements or understandings
between Dr. McRobbie and any other persons pursuant to which he was selected as
a director. Additionally, Dr. McRobbie does not have any direct or indirect
material interest in any transaction required to be disclosed pursuant to Item
404(a) of Regulation S-K.
Item 7.01. Regulation FD Disclosure.
On August 4, 2021, the Company issued a press release announcing Dr. McRobbie's
election to the Board of Directors. A copy of the press release is attached
hereto as Exhibit 99.1.
The information contained in this Item 7.01, including Exhibit 99.1, shall not
be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, or otherwise subject to the liabilities of that Section.
Further, such information shall not be deemed incorporated by reference into any
of the Company's reports or filings with the Securities and Exchange Commission,
whether made before or after the date hereof, except as expressly set forth by
specific reference in such report or filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release dated August 4, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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