Laureate Education Management

Management criteria checks 3/4

Laureate Education's CEO is Eilif Serck-Hanssen, appointed in Jan 2018, has a tenure of 6.67 years. total yearly compensation is $4.46M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €9.08M. The average tenure of the management team and the board of directors is 3.4 years and 7.5 years respectively.

Key information

Eilif Serck-Hanssen

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage	19.0%
CEO tenure	6.7yrs
CEO ownership	0.4%
Management average tenure	3.4yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eilif Serck-Hanssen's remuneration changed compared to Laureate Education's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$201m
Mar 31 2024	n/a	n/a	US$133m
Dec 31 2023	US$4m	US$850k	US$117m
Sep 30 2023	n/a	n/a	US$105m
Jun 30 2023	n/a	n/a	US$101m
Mar 31 2023	n/a	n/a	US$80m
Dec 31 2022	US$5m	US$850k	US$61m
Sep 30 2022	n/a	n/a	US$22m
Jun 30 2022	n/a	n/a	-US$20m
Mar 31 2022	n/a	n/a	-US$175m
Dec 31 2021	US$7m	US$850k	-US$295m
Sep 30 2021	n/a	n/a	-US$534m
Jun 30 2021	n/a	n/a	-US$795m
Mar 31 2021	n/a	n/a	-US$687m
Dec 31 2020	US$5m	US$766k	-US$315m
Sep 30 2020	n/a	n/a	-US$10m
Jun 30 2020	n/a	n/a	US$176m
Mar 31 2020	n/a	n/a	US$177m
Dec 31 2019	US$5m	US$850k	-US$150m
Sep 30 2019	n/a	n/a	-US$187m
Jun 30 2019	n/a	n/a	-US$140m
Mar 31 2019	n/a	n/a	US$106m
Dec 31 2018	US$5m	US$850k	-US$181m
Sep 30 2018	n/a	n/a	US$36m
Jun 30 2018	n/a	n/a	-US$71m
Mar 31 2018	n/a	n/a	-US$344m
Dec 31 2017	US$7m	US$687k	-US$284m

Compensation vs Market: Eilif's total compensation ($USD4.46M) is above average for companies of similar size in the German market ($USD2.64M).

Compensation vs Earnings: Eilif's compensation has been consistent with company performance over the past year.

CEO

Eilif Serck-Hanssen (58 yo)

6.7yrs

Tenure

US$4,463,266

Compensation

Mr. Eilif Serck-Hanssen has been Chief Executive Officer and Director of Laureate Education, Inc. since January 1, 2018 and its President since July 15, 2019. Mr. Serck-Hanssen served as President and Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eilif Serck-Hanssen	President	6.7yrs	US$4.46m	0.40% $ 9.1m
Richard Buskirk	Senior VP & CFO	3.4yrs	US$1.56m	0.053% $ 1.2m
Marcelo Cardoso	Executive VP	3.3yrs	US$1.92m	0.081% $ 1.8m
Gerard Knauer	VP of Accounting & Global Controller	3.5yrs	no data	0.0059% $ 133.6k
Leslie Brush	Senior VP	less than a year	no data	0.0076% $ 171.3k
Adam Smith	Senior Vice President of People & Culture	1.6yrs	no data	no data
Adam Morse	Senior VP of Corporate Finance & Global Treasurer	8.5yrs	no data	no data
Christian Haeberle	Chief Executive Officer of Peru	2.7yrs	no data	no data

3.4yrs

Average Tenure

50yo

Average Age

Experienced Management: LA3A's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eilif Serck-Hanssen	President	6.7yrs	US$4.46m	0.40% $ 9.1m
Ian Snow	Independent Director	17.2yrs	US$213.55k	0.0038% $ 86.2k
Kenneth Freeman	Independent Director	7.4yrs	US$361.47k	0.059% $ 1.3m
Judith Rodin	Independent Director	10.8yrs	US$227.33k	0.055% $ 1.2m
Pedro del Corro Garcia Lomas	Independent Director	7.6yrs	US$220.00k	0.032% $ 721.0k
George Munoz	Independent Director	11.5yrs	US$235.00k	0.075% $ 1.7m
William Davis	Independent Director	less than a year	no data	no data
Andrew Cohen	Independent Chair of the Board	11.3yrs	US$219.54k	0.028% $ 632.8k
Arístides de Macedo Murgel	Independent Director	1.3yrs	US$136.48k	0.0093% $ 209.3k
Barbara Mair	Independent Director	2.3yrs	US$228.02k	0.012% $ 265.9k

7.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: LA3A's board of directors are considered experienced (7.5 years average tenure).

Laureate Education Management

Management criteria checks 3/4

Key information

Recent management updates

Laureate Education, Inc. Announces Board Changes

Laureate Education, Inc., Annual General Meeting, May 30, 2024

Laureate Education, Inc. Appoints Leslie Brush as Senior Vice President, Chief Legal Officer, and Secretary, Effective April 1, 2024

Laureate Education, Inc. Announces Board Appointments

Executive VP & COO recently sold €277k worth of stock

Laureate Education, Inc. Announces Resignation of William Cornog as Director

Recent updates

Laureate Education, Inc. (NasdaqGS:LAUR) announces an Equity Buyback for $100 million worth of its shares.

Second quarter 2024 earnings released: EPS: US$0.83 (vs US$0.38 in 2Q 2023)

Laureate Education, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Laureate Education, Inc. Announces Board Changes

Investor sentiment improves as stock rises 16%

First quarter 2024 earnings released: US$0.07 loss per share (vs US$0.17 loss in 1Q 2023)

Laureate Education, Inc., Annual General Meeting, May 30, 2024

Laureate Education, Inc. to Report Q1, 2024 Results on May 02, 2024

Laureate Education, Inc. Appoints Leslie Brush as Senior Vice President, Chief Legal Officer, and Secretary, Effective April 1, 2024

Laureate Education, Inc. Provides Earnings Guidance for the First Quarter of 2024

Full year 2023 earnings released: EPS: US$0.75 (vs US$0.37 in FY 2022)

Laureate Education, Inc. Reports Impairment Charges for the Three Months Ended December 31, 2023

Laureate Education, Inc. (NasdaqGS:LAUR) announces an Equity Buyback for $100 million worth of its shares.

Laureate Education, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Laureate Education, Inc. Provides Revenue Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$0.23 (vs US$0.19 in 3Q 2022)

Laureate Education, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: EPS: US$0.38 (vs US$0.23 in 2Q 2022)

Laureate Education, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Laureate Education, Inc. Announces Board Appointments

Executive VP & COO recently sold €277k worth of stock

Laureate Education, Inc. Updates Earnings Guidance for the Fiscal 2023

First quarter 2023 earnings released: US$0.17 loss per share (vs US$0.25 loss in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.39 (vs US$1.55 loss in FY 2021)

Laureate Education, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Laureate Education, Inc. Announces Resignation of William Cornog as Director

Investor sentiment deteriorated over the past week

Laureate Education, Inc. has completed a Follow-on Equity Offering in the amount of $320.211284 million.

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.20 (vs US$0.055 loss in 3Q 2021)

Laureate Education, Inc. Updates Revenue Guidance for the Full-Year 2022

Laureate Education, Inc. Announces Special Cash Dividend, Payable on November 17, 2022

Laureate Education, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Inaugural dividend of US$0.83 per share

Laureate Education, Inc. Announces Special Cash Distribution, October 12, 2022

Second quarter 2022 earnings released: EPS: US$0.23 (vs US$0.60 loss in 2Q 2021)

Laureate Education, Inc. Provides Revenue Guidance for Fiscal 2022

Laureate Education, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Laureate Education, Inc. Announces Board and Committee Changes

First quarter 2022 earnings released: US$0.26 loss per share (vs US$0.82 loss in 1Q 2021)

Laureate Education, Inc. Provides Earnings Outlook for the Fiscal 2022

Insufficient new directors

Laureate Education, Inc., Annual General Meeting, May 25, 2022

Laureate Education, Inc. to Report Q1, 2022 Results on May 05, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Laureate Education, Inc. Announces Resignation of Timothy P. Grace as Chief Human Resources Officer and Executive Officer, Effective April 8, 2022

Laureate Education, Inc. Provides Earnings Guidance for the Fourth Quarter and Year Ended December 31, 2021 and for Full-Year 2022

Laureate Education, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Forecast breakeven date pushed back to 2022

Laureate Education, Inc. Announces Special Cash Distribution, Payable on December 28, 2021

Third quarter 2021 earnings released: US$0.056 loss per share (vs US$1.29 loss in 3Q 2020)

Laureate Education Announces Special Cash Distribution, Payable on October 29, 2021

Forecast to breakeven in 2022

Adtalem Global Education Inc. (NYSE:ATGE) completed the acquisition of Walden e-Learning, Inc. from Laureate Education, Inc. (NasdaqGS:LAUR).

Second quarter 2021 earnings released

Laureate Education, Inc. Provides Revenue Guidance for the Fiscal Year 2021

Laureate Education, Inc. Reports Impairment Charges for the Three Months Ended March 31, 2021

First quarter 2021 earnings released

Chief Accounting Officer, Senior VP & Global Corporate Controller has left the company

Laureate Education, Inc. Appoints Rick Buskirk as Senior Vice President, Effective April 1, 2021

Fundacion Nasser para el Desarrollo Educativo de Centroamerica completed the acquisition of Universidad Tecnológica Centroamericana from Laureate Education, Inc. (NasdaqGS:LAUR).

Full year 2020 earnings released

Laureate Education, Inc. Announces Resignation of Tal Darmon as Senior Vice President and Chief Accounting Officer

New 90-day low: €10.90

Laureate Education, Inc. to Report Q4, 2020 Results on Feb 25, 2021

Chief Accounting Officer recently sold €170k worth of stock

New 90-day high: €12.50

Revenue beats expectations

Third quarter 2020 earnings released: US$1.29 loss per share