Riehs to head reorganized DeVry unit

By Associated Press
Posted July 2, 2010 at 12:43 p.m.

For-profit education provider DeVry Inc. said Friday that it appointed Steven P. Riehs president of K-12, Professional and International Education, starting Oct. 1.

Riehs will oversee a new organizational structure within DeVry that includes Advanced Academics, Becker Professional Education, DeVry Brasil and the company’s other international operations. Chief Executive Daniel Hamburger said in a statement that the new group focuses more resources on areas with “significant opportunities for growth.”

Riehs joined DeVry in 2004 as vice president and general manager of online operations.

DeVry shares fell 71 cents, or 1.4 percent, to $49.70 in Friday afternoon trading.

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