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APEI > SEC Filings for APEI > Form 8-K on 18-Aug-2014All Recent SEC Filings




Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 12, 2014, the Board of Directors of American Public Education, Inc. appointed Barbara "Bobbi" Kurshan to serve as a director of the Company until the 2016 annual meeting of stockholders and until her successor is duly elected and qualified.

Dr. Kurshan is the Executive Director of Academic Innovation and a Senior Fellow in Education at the University of Pennsylvania, Graduate School of Education, a position she has held since 2012. Dr. Kurshan received her Ed.D in Curriculum and Instruction with concentration in Educational Technology from Virginia Tech University and has had a nearly thirty-year career as both an academic and award-winning entrepreneur.

In connection with Dr. Kurshan's appointment to the Board, she and the Company are entering into the Company's standard form of indemnification agreement for executive officers and directors, the form of which was previously filed as Exhibit 10.3 to the Company's registration statement on Form S-1 (File No. 333-145185). Dr. Kurshan will also be compensated for her service as a director consistent with the Company's compensation policy for non-employee directors, as set forth under the heading "2013 Director Compensation" in the Company's definitive proxy statement for its 2014 Annual Meeting of Stockholders, filed on April 28, 2014. That description is incorporated in this report by reference.

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