Legacy Education Alliance, Inc. Announces Executive Changes
November 10, 2021 at 04:30 pm
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Legacy Education Alliance, Inc. announced that on November 4, 2021, Cary Sucoff, a member of the Board of Directors (the ?Board?) of Legacy Education Alliance, Inc. (the ?Company?) and of its Nominating & Corporate Governance Committee (Chair) and its Audit Committee, resigned as a Board member, effective immediately. Mr. Sucoff?s resignation is not related to any disagreement with the Company?s operations, policies or practices. On November 4, 2021, Peter W. Harper, a member of the Board and of its Audit Committee (Chair) and its Compensation Committee, resigned as a Board member, effective immediately. Mr. Harper?s resignation is not related to any disagreement with the Company?s operations, policies or practices. On November 4, 2021, James E. May, the General Counsel and Secretary of the Company and its subsidiaries, resigned from all such roles effective immediately. As a result of the resignation of Ms. Guzm?n-Clark, Mr. Barry Kostiner, a member of the Board and Manager of Capital Markets, will assume the role Secretary of the Company.
Legacy Education Alliance, Inc. is a provider of practical and value-based educational training on the topics of personal finance, entrepreneurship, real estate, and financial markets, including investment strategies and techniques. Its programs are offered through a variety of formats and channels, including free workshops, basic trainings, forums, telephone mentoring, one-on-one mentoring, coaching, and e-learning. The Company marketed its products and services under the brand Building Wealth with Legacy. The Companyâs students pay for their courses in full up-front or through payment agreements with independent third parties. The Company also provides one-on-one mentoring (two to four days in length, on site or remotely) and telephone mentoring (10 to 16 weekly one-on-one or one-on-many telephone sessions). Its training programs include basic training courses (live and online), elite level training courses (live and online), and individualized mentoring programs.