Universal Technical Institute UTI

Jerome A. Grant has served as our Chief Executive Officer and as a director on our Board since November 2019. Mr. Grant joined us as Executive Vice President and Chief Operating Officer in November 2017. Prior to joining us, Mr. Grant served as Senior Vice President, Chief Services Officer with McGraw-Hill Corporation, a learning science company, from June 2015 to April 2017. Before joining McGraw-Hill, Mr. Grant spent more than 14 years in executive leadership roles at Pearson Education, Inc., an educational publishing and services company, including President of Business and Technology, Chief Learning Officer, Vice President - Digital Products and Vice President - Technology Strategy. Mr. Grant received a Bachelor of Business Administration degree in Labor Relations and Marketing from the University of Wisconsin-Milwaukee.

On March 31, 2025, Universal Technical Institute, Inc., a Delaware corporation, announced the transition of Todd Hitchcock to the role of Chief Operating Officer, effective immediately. Todd A. Hitchcock has served as our Executive Vice President, Chief Strategy and Transformation Officer since October 2023, having previously served as our Senior Vice President, Chief Strategy and Transformation Officer since January 2020. In addition to leading the development of Corporate Strategy, Mr. Hitchcock also oversees the Transformation Office, Corporate Development, and Corporate Affairs. Mr. Hitchcock has more than 20 years of leadership experience in the education sector and as President of Red Leaf Advising, a higher education consulting company, he had been advising UTI for more than two years before formally joining the company in 2020. Prior to that, Mr. Hitchcock served as Chief Operating Officer of Pearson Embanet, as Senior Vice President for Pearson Learning Solutions, and as Vice President of Florida Virtual School's Global Services division. He holds a Bachelor of Business Administration from the University of New Brunswick, a Bachelor of Education degree from the University of New Brunswick, and Academic Administration Credentials from the University of Toronto and York University. Mr. Hitchcock has served on the Board of Directors of both the United States Distance Learning Association (USDLA) and The International Association for K-12 Online Learning (iNACOL).

On March 17, 2025, Universal Technical Institute, Inc., a Delaware corporation, announced the appointment of Bruce Schuman to the role of Chief Financial Officer, effective immediately. Mr. Schuman previously served as Chief Financial Officer of Vacasa, Inc. (NASDAQ: VCSA) from June 2023 to March 2025. Prior to his time at Vacasa, Inc., Mr. Schuman served as Executive Vice President and Chief Financial Officer of Kiavi, Inc. from June 2021 to December 2022. Prior to his time at Kiavi, Inc., Mr. Schuman spent over 27 years at Intel Corporation where he served as Vice President and Chief Financial Officer of Intel Capital from March 2020 to June 2021, Vice President and Chief Financial Officer of the Server CPU and Memory Group from May 2019 to March 2020, and Vice President and Chief Financial Officer of the Enterprise and Government Group from January 2017 to May 2019. Mr. Schuman received a BBA in Finance from New Mexico State University. He currently serves on the boards of Cirrus Secure and Urban Light.

Christopher E. Kevane has served as our Executive Vice President, Chief Legal Officer since October 2023, having previously served as our Senior Vice President, Chief Legal Officer since March 2020. Mr. Kevane has more than 20 years of legal and executive experience, representing both publicly traded and private equity-backed organizations. Prior to joining UTI, he was Chief Legal Officer for Centauri Health Solutions from January 2019 to January 2020, one of Inc. Magazine's fastest growing private healthcare IT services companies. In addition, he has served as the senior legal officer for Rural/Metro Corporation, one of the nation's largest publicly traded ambulance and fire protection services company. In 2012, Mr. Kevane represented Rural/Metro through its successful sale to Warburg Pincus, one of the world's largest private equity firms. Prior to becoming general counsel, Mr. Kevane practiced law with the international law firm of Squire Patton Boggs, focusing on capital markets, mergers & acquisitions as well as corporate governance. Mr. Kevane received a Bachelor of Science degree in Finance from the W.P. Carey School of Business at Arizona State University and a Juris Doctor degree from the Sandra Day O'Connor School of Law at Arizona State University.

Ms. Kline will continue to serve as the Company's Vice President, Chief Accounting Officer. Christine Kline has served as Interim Chief Financial Officer since October 2024 and Vice President and Chief Accounting Officer since December 2023. Prior to these roles, she served as Vice President, Corporate Controller since joining the Company in February 2020. In this role Ms. Kline led the Company's corporate accounting team in all aspects of the monthly close and financial accounting and the audit and Sarbanes-Oxley (SOX) compliance processes and has worked closely with executive management and department leaders. Prior to joining the Company, Ms. Kline served as the Director of Financial Reporting at Nuverra Environmental Solutions, an energy-focused environmental solutions company (since acquired by Select Energy Services, Inc. (NYSE: WTTR), from July 2015 to February 2020 and was named the Principal Accounting Officer from November 2019 through February 2020, and as the Director of Accounting and Reporting at PetSmart, Inc., the pet supplies company, from October 2007 to July 2015. Ms. Kline started her career with Deloitte & Touche LLP. Ms. Kline is a Certified Public Accountant. Ms. Kline earned a Bachelor of Science degree in Accounting and Finance from the University of Arizona. Christine Kline resigned from the positions of Interim Chief Financial Officer and principal financial officer, effective as of the effective March 17, 2025.

Sherrell E. Smith has served as our Executive Vice President, Chief Academic Officer since May 2023. Prior to this, he served as our Executive Vice President, Campus Operations & Services since April 2018. He was Executive Vice President of Admissions and Operations from 2015 to 2018, and Senior Vice President, Operations from 2012 to 2015. During his previous tenure with us, from 1986 to 2009, Sherrell held several positions, including Campus President, Regional Vice President of Operations, Senior Vice President of Operations and Education and Executive Vice President of Operations. Prior to his return to us, he advised a private equity firm on acquisition opportunities in the education field and served as the Chief Executive Officer of the American Institute of Technology. He received a Bachelor of Science degree in Management from Arizona State University.

Robert T. DeVincenzi has served as a director on the Board of Universal Technical Institute, Inc since April 2017, serving as Chairman of the Board since September 2017. Additionally, Mr. DeVincenzi has been a principal partner in Lupine Venture Group, a business advisory firm providing strategic consulting and corporate development advisory services since 2014. Mr. DeVincenzi served on the board of Lazydays Holdings Inc. from 2021 to November 2025, and during this period also served as Lead Independent Director and Interim CEO from January 2022 to August 2022. Mr. DeVincenzi also served as an Adjunct Professor of Entrepreneurship and Strategic Management at California State University, from 2014 until 2022. Mr. DeVincenzi also served as a director and earlier as President and CEO of Redflex Holding Limited, from 2012 to 2021. From 2008 to 2011, he was President and CEO of LaserCard Corporation. Prior to that, Mr. DeVincenzi was President and CEO at Inkra Networks Inc., and Ignis Optics Inc., both telecommunications companies, and has held senior executive sales, marketing and strategy positions at several technology and services companies. Mr. DeVincenzi received a Master of Arts degree from Gonzaga University in Organizational Leadership, a Bachelor of Science degree in Business Administration from California State University, San Luis Obispo and has completed Directors College at Stanford University. Other Public Company Boards: Lazydays Holdings Inc. (Nasdaq: LAZY)

Kenneth R. Trammell has served as a director on our Board since June 2011. From May 2020 until the sale of the company in March 2021, Mr. Trammell was a director of Red Lion Hotels Corp, an owner and franchiser of hotels. During that time, he served as chair of the Audit Committee and as a member of the Nominating and Governance Committee. Mr. Trammell served as an Executive Vice President of Tenneco Inc., a publicly traded manufacturer of vehicle components and systems, from January 2006 until his retirement in December 2018, as the Chief Financial Officer from September 2003 until June 2018, and as Controller from 1997 through 2003. He also returned to Tenneco as Interim Chief Financial Officer from April 2020 to September 2020. Prior to joining Tenneco in 1996, Mr. Trammell spent 12 years with the international public accounting firm of Arthur Andersen LLP. Mr. Trammell received a Bachelor of Business Administration degree in Accounting from the University of Houston.

Linda J. Srere, has served as a director on our Board since February 2005. Ms. Srere is a marketing and advertising consultant. From January 2000 to November 2001, she served as President of Young & Rubicam Advertising, a worldwide advertising network. From September 1998 to January 2000, Ms. Srere served as Vice Chairman and Chief Client Officer of Young & Rubicam Inc. (Y&R), a global marketing communications company. From January 1997 to September 1998, she served as President and CEO of Y&R's New York office. Ms. Srere joined Y&R in September 1994 as Executive Vice President and Director of Business Development. Ms. Srere served as the Chairman of advertising agency Earle Palmer Brown New York from 1992 to 1994, and served as President of advertising agency Rosenfeld, Sirowitz, Humphrey & Strauss from 1990 to 1992. For 11 years, until July 2012, Ms. Srere was a director of video game publisher Electronic Arts Inc. (Nasdaq: EA). During her tenure, she served on its Compensation, Nominating, and Governance committees. Ms. Srere also served as a director of aQuantive, Inc., which was sold to Microsoft in 2007 and previously served on the Advisory Board of SOS Method, a meditation technology platform. She currently sits on the Investor and Executive Council of DCubed Group, a private market investment firm.

Lieutenant General William J. Lennox, Jr. (USA Ret.) has served as a director on our Board since January 2014. General Lennox has served as Chief Executive Officer of Lennox Strategies, LLC, a consulting company and personal business venture, since 2012. General Lennox served as President of Saint Leo University, a private university, from July 2015 to June 2018. From 2006 to 2012, General Lennox served as Senior Vice President, Washington, D.C., for Goodrich Corporation, a Fortune 500 aerospace firm. Prior to his position at Goodrich Corporation, General Lennox served approximately 35 years in the United States Army, culminating as Superintendent of the United States Military Academy at West Point. In June 2021, General Lennox joined the Board of Directors of Ignite Fueling Innovation, Inc., a veteran owned and operated systems and software engineering company. General Lennox received a Bachelor of Arts degree concentrating in International Affairs from the United States Military Academy at West Point, as well as a Master of Arts degree and Ph.D. in Literature from Princeton University.

George W. Brochick has served as a director on our Board since March 2020. Mr. Brochick has served as Executive Vice President-Strategic Development at auto and commercial truck retailer Penske Automotive Group (NYSE: PAG) since July 2012, and has held various executive positions since joining the company in 1996. In addition to his current executive functions, Mr. Brochick held numerous dealership general manager positions throughout his automotive career. Previously, Mr. Brochick served as Vice President, Operations, for auto retailer Southwest Kenworth, Inc. from 1977 to 1984 and also held the position of Director, Marketing Services, for Euclid, Inc., a division of Daimler-Benz, A.G. Mr. Brochick formerly served as a Board Member of the Duke University Board of Visitors and has served on the Board of Directors of the American International Automobile Dealers Association.

Michael A. Slubowski has served as a director on our Board since March 2023. Mr. Slubowski is the President, Chief Executive Officer, and Board Member of Trinity Health, a national health system that includes 29,000 affiliated physicians and 127,000 employees. During his 40 years as a healthcare executive, Mr. Slubowski has also served as President and CEO of Sisters of Charity of Leavenworth Health System, a nonprofit healthcare organization, as President of Health Networks for Trinity Health before its 2013 merger with Catholic Health East, and in executive leadership positions at health systems including Henry Ford Health System in Detroit, Michigan; Samaritan Health Services in Phoenix, Arizona; and Providence Hospital in Southfield, Michigan. Mr. Slubowski earned his bachelor's degree in business administration and his master's degree in business administration from Wayne State University in Detroit, Michigan. He completed healthcare leadership training through an Advanced Leadership Institute conducted by the University of Michigan School of Business and sponsored by the National Center for Healthcare Leadership. He also holds fellowships in the American College of Healthcare Executives and the American College of Medical Practice Executives.

Shannon Okinaka has served a director on our Board since March 2022. Ms. Okinaka is currently Executive Vice President of Administration of the commercial airline company Hawaiian Airlines, Inc., a subsidiary of Alaska Air Group, having previously served as Executive Vice President, Chief Financial Officer and Treasurer of Hawaiian Holdings, Inc. from 2015 to 2024, and Vice President - Controller of Hawaiian Airlines from 2011 to 2015. Ms. Okinaka joined Hawaiian Airlines as Senior Director in charge of Sarbanes-Oxley compliance and special projects. Prior to joining Hawaiian Airlines, Ms. Okinaka worked for Hawaiian Electric Company, an electricity provider, and the accounting firm of Coopers & Lybrand/PricewaterhouseCoopers. Ms. Okinaka was certified as a public accountant in the State of Hawaii. Ms. Okinaka also serves on the Board of Directors of the Honolulu Japanese Chamber of Commerce and Island Insurance Company, an insurance provider. Ms. Okinaka graduated from the Shidler College of Business at University of Hawaii at Manoa, earning a Bachelor of Business Administration in Management Information Systems and Accounting.

Loretta L. Sanchez has served as a director on our Board since May 2021. Ms. Sanchez served in Congress from 1997 to 2017 as a Democrat from California's 46th Congressional District, representing Orange County. One of her key priorities was ensuring access to all types of higher education, including career and technical skills training. While in Congress, Ms. Sanchez served on the Education and Labor Committee, Armed Services Committee, and as a ranking member of the Homeland Security Committee Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies. Ms. Sanchez is currently Chief Executive Officer of Datamatica LLC, a consulting, data analytics and messaging firm that focuses on local, state and federal issues and campaigns, that she joined in December 2018. Ms. Sanchez received a Bachelor of Science degree in Business Administration with a concentration in Economics from Chapman University and a Master of Business Administration degree from American University in Washington, DC. Ms. Sanchez is currently a public member of the Board of Directors of Career Education Colleges and Universities, a national association representing the proprietary sector of higher education, and also is a Trustee at Chapman University in Orange, California.

Christopher S. Shackelton has served as a director on our Board since June 2016. From June 2016 until December 2023, Mr. Shackleton served as the designee to our Board of the holders of our outstanding Series A Preferred Stock (as further described below). Following the full conversion of the Series A Preferred Stock to common stock in December 2023, the Board appointed Mr. Shackleton as a Class III director. Mr. Shackelton is Co-Founder and Managing Partner of Coliseum Capital Management, LLC, a multi-strategy investment firm. Previously, he was Chairman of the Board of ModivCare Inc. (formerly Providence Service Corp.), a home health care company, from November 2012 to December 2024, Chairman of Rural/Metro Corp, an emergency medical services company, from December 2010 to June 2011, Chairman of Medalogix LLC, a home health care service, from August 2014 to May 2021 and Chairman of Lazydays Holdings, Inc., a recreational vehicle retailer, from December 2021 to June 2024 (and as a director since March 2018). He has also served on the boards of Interstate Hotels & Resorts, Inc., a global hotel management company, from February 2009 through March 2010, Advanced Emissions Solutions, Inc., a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, from July 2014 to June 2016, LHC Group, Inc., a provider of healthcare solutions, from November 2012 to August 2017, BioScrip, Inc., a provider of healthcare solutions, from March 2015 to August 2019, and Gildan Activewear Inc., a manufacturer of branded clothing, from December 2023 to May 2024. Prior to these positions, he worked at Watershed Asset Management and Morgan Stanley & Co., both financial institutions. He received a bachelor's degree in economics from Yale University. Other Public Company Boards: ModivCare Inc. (Nasdaq: MODV).

Kevin Prehn has served as Senior Vice President and Concorde Division President since December 2023. Prior to this role, he served as Chief Operating Officer, Senior VP of Operations, and Regional VP of Operations of Concorde Career Colleges, Inc. since 2019. He has more than 20 years of experience in proprietary education, including roles as Campus President, Regional VP of Operations, and Sr. VP of Operations. Prior to Concorde, Mr. Prehn worked at International Education Corporation, Education Corporation of America and Kaplan Higher Education. Mr. Prehn holds a Bachelor of Arts in Communications from the University of California San Diego, and a Masters of Business Administration from Purdue University Global.

On March 31, 2025, the company announced Adrienne DeTray as Chief Information Officer, effective immediately. DeTray most recently served as CIO at Adtalem Global Education, where she led the transformation of the IT function to enhance operational efficiency and the delivery of digital education products, enabling sustained year-over-year growth and improved student persistence rates. Prior to this, she held senior leadership roles in the healthcare industry, including CommonSpirit Health in Chicago and Catholic Health Initiatives in Denver, where she leveraged her technical and business expertise alongside her experience as a registered nurse.

Tracy Lorenz has served as our Senior Vice President and Universal Technical Institute Division President, since April 2023. Prior to joining Universal Technical Institute, Inc., she served as the President and Chief Executive Officer of Triumph Higher Education, a global education organization, from October 2017 to March 2023. Prior to Triumph Higher Education, she spent nearly nine years at Apollo Education Group, a provider of higher education programs, from April 2009 to September 2017 in various roles, including as President of Western International University. Ms. Lorenz has a Bachelor of Science in Accounting and Business Management and a Masters Degree in Strategic Management, both from Indiana University-Kelley School of Business.

Carolyn Frank has served as our Senior Vice President, Chief Human Resources Officer since January 2024. She brings more than 25 years of experience in building and managing human resource organizations across industries. Most recently, she served as Chief Human Resources Officer and Executive Vice President at Finance of America (NYSE: FOA), a mortgage loan company, for 4 years, and as Chief Human Resources Officer and Senior Vice President at Guild Mortgage Company, a mortgage loan company, for 5 years. Ms. Frank is recognized as a national leader in her profession, having been honored as one of the Top 100 Women in Business by the National Women's Conference in 2022, and as HR Executive of the Year by the San Diego HR Forum in 2018.