UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 19, 2011

 

 

Career Education Corporation

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   0-23245   36-3932190

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

231 North Martingale Road

Schaumburg, IL

  60173
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code (847) 781-3600

 

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders.

Career Education Corporation (the “Company”) held its Annual Meeting of Stockholders on May 19, 2011 and the following matters were voted on at that meeting:

(1) The Company’s stockholders voted as follows to elect eight directors to the Company’s Board of Directors:

 

Directors:

   Votes For:      Withheld:      Broker Non-Votes:  

Dennis H. Chookaszian

     55,788,368         10,229,176         7,246,229   

David W. Devonshire

     65,188,163         829,381         7,246,229   

Patrick W. Gross

     52,543,884         13,473,660         7,246,229   

Gregory L. Jackson

     65,635,648         381,896         7,246,229   

Thomas B. Lally

     65,602,826         414,718         7,246,229   

Steven H. Lesnik

     65,698,554         318,990         7,246,229   

Gary E. McCullough

     65,823,450         194,094         7,246,229   

Leslie T. Thornton

     65,797,647         219,897         7,246,229   

(2) The Company’s stockholders approved, on a nonbinding advisory basis, the executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below:

 

Votes For:      Against:      Abstain:      Broker Non-Votes:  
  59,911,646         6,006,390         99,508         7,246,229   

(3) The Company’s stockholders recommended, on a nonbinding advisory basis, an annual frequency of holding a nonbinding stockholder advisory vote on the executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below:

 

One Year:      Two Years:      Three Years:      Abstain:      Broker Non-Votes:  
  60,852,539         55,166         4,999,944         109,895         7,246,229   

(4) The Company’s stockholders voted as follows to ratify the selection of Ernst & Young LLP as the independent registered public accounting firm to audit the Company’s financial statements for the year ended December 31, 2011:

 

Votes For:      Against:      Abstain:      Broker Non-Votes  
  73,050,203         180,133         33,437         0   

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

CAREER EDUCATION CORPORATION

By:

 

/s/ Jeffrey D. Ayers

  Jeffrey D. Ayers
 

Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

Dated: May 20, 2011