Cengage Learning announces appointment of new CEO
Cengage Learning has announced the appointment of Michael Hansen to the position of Chief Executive Officer (CEO).
Mr. Hansen will succeed Ron Dunn, who has served as CEO since July 2007. Effective upon the commencement of Mr. Hansen’s employment on September 17, 2012, Mr. Dunn will take up the position of Executive Chairman for at least the next three years.
Ron Dunn commented: “We are delighted that Michael Hansen has agreed to take on the role of CEO at Cengage Learning. He is a seasoned executive with significant experience in guiding digital transitions in publishing businesses, and we feel he is highly qualified to lead the company through the next stages of its growth strategy.”
Christian Stahl, a partner at Apax Partners and member of the Cengage Learning board of directors added: “Michael will make a great addition to Cengage. In particular, we believe that he and Ron represent an unrivaled leadership team that will enable the company to drive continued strong operational performance by delivering innovative learning solutions to our customers.”
Check out the full press release at Cengage Learning.