On June 13, 2014, Danny D. Finuf resigned from the position of President - Brown Mackie Colleges. Mr. Finuf’s resignation is effective June 20, 2014. Here we go!
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Danny's a smart guy. He knows to jump ship when the jumpin's good.
EDMC owns Brown Mackie College and 3 others, they are close to going bankrupt and defaulting on loans. Just Goggle EDMC Lawsuits, EDMC Investigation, EDMC layoffs or any other term with it! EDMC stock is at a 52 week low you can Goggle it too and they just reported a $467 million dollar loss for the 3rd qtr. The word on the Street is 20% layoffs and certain school location closings next week. They are reported to employ around 22,000 people so 20% is a whole lot of pink slips
Here we go what?