American Public Education, Inc. (Nasdaq: APEI) today announced it has appointed Richard J. Statuto, an accomplished health system CEO, to its Board of Directors, effective March 6, 2025. The appointment brings the total number of APEI board members to nine.
Mr. Statuto, currently Chairman of the Board of Directors at Charlotte, N.C.-based Premier, Inc., also previously served as President and CEO of Bon Secours Health System, one of the largest health systems in the United States, for 13 years. Prior to that, he was CEO of St. Joseph Health System for nine years. Both health systems exceeded $3 billion in revenue and were highly profitable.
"We are excited to welcome Rich to APEI's Board of Directors," said Ric Andersen, Chairman of APEI's Board of Directors. "His impressive experience driving growth at large health systems aligns well with APEI's strategy and future objectives."
Angela Selden, President and Chief Executive Officer of APEI, said, "Rich's past success at mission-driven healthcare organizations will be instrumental in helping to shape our strategy. I look forward to collaborating with Rich as we continue to educate tomorrow's leaders in nursing, healthcare, and beyond."
Mr. Statuto said, "I look forward to bringing my expertise and extensive network to APEI to enhance shareholder value at the crucial crossroad of healthcare and higher education."
Mr. Statuto has extensive healthcare leadership experience, and has served on several boards, including: Catholic Health Association, Christus Health, Incarnate Word Health System, and Catholic Medical Mission Board (CMMB). He is also a past board member at American Red Cross Orange County California, Covenant Health System, The Innovation Institute, Mercy Housing, the American Heart Association, and Kmart.
Mr. Statuto earned his MBA from Xavier University and has a bachelor's degree from Vanderbilt University.