LANHAM, Md., Dec. 7, 2017 /PRNewswire/ -- 2U, Inc.
(NASDAQ: TWOU), a global leader in education technology, today
announced that Valerie Jarrett will
join its Board of Directors. Jarrett is a respected and acclaimed
civic leader, business executive and attorney who most recently
held the role of the longest-serving senior advisor to President
Barack Obama where she oversaw the
Office of Public Engagement and Intergovernmental Affairs and
chaired the White House Council on Women and Girls.
Prior to joining the Obama Administration, Jarrett was CEO of
The Habitat Company, a real estate development and management
company headquartered in Chicago.
She has also served on numerous corporate and civic boards,
including Chairman of the Chicago Stock Exchange, Chairman of the
University of Chicago Medical Center
Board of Trustees, Chairman of the University
of Chicago, and director of the Federal Reserve Bank of
Chicago.
"No matter where you live, having access to an education is the
key to upward mobility. I have been inspired by 2U's dedication to
ensuring that higher education is more convenient and accessible to
working adults and non-traditional students, and its commitment to
making lifelong learning possible for all. We share the belief that
a company should not only be focused on the bottom line – it should
focus on lifting people up," Jarrett said. "Chip is an
inspirational leader who has made remarkable efforts to create a
digital education system of the highest quality, and I am honored
to be joining 2U's board."
"I have followed Valerie's career for a long time. Her broad
experience in public policy is an incredible value add to our
board," 2U Co-Founder and CEO Christopher "Chip" Paucek said. "To
have someone of her stature and experience is a great win for our
university partners and the students they serve. Personally, as
I've engaged with her, she's blown me away. We are blessed to have
Valerie join us on the journey and delighted to welcome her to
2U."
Jarrett's appointment comes as 2U continues its steadfast
commitment to expand accessibility to educational opportunities for
working professionals through degree programs and short courses.
The company's mission has resonated with strong institutional
brands and their students, exemplified by its 35 percent
revenue growth to date through the third quarter of 2017. Together
with its 23 top-tier university partners, 2U is revolutionizing
digital education at scale.
Jarrett fills the 11th board seat making her the third woman and
fourth person of color to join 2U's board. In addition to sitting
on 2U's board, Jarrett sits on the boards of Ariel Investments and
Lyft. She also serves as senior advisor to the Obama Foundation and
senior advisor to ATTN:.
About 2U, Inc. (NASDAQ: TWOU)
2U partners with great colleges and universities to build what
we believe is the world's best digital education. Our platform
provides a comprehensive fusion of technology, services and data
architecture to transform high-quality and rigorous campus-based
universities into the best digital versions of themselves. 2U's No
Back Row® approach allows qualified students and working
professionals around the world to experience a first-rate
university education and successful outcomes. To learn more, visit
2U.com.
Media Contact: Molly
Greenberg, 2U, Inc., mgreenberg@2U.com
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SOURCE 2U, Inc.