0001104659-15-043236.txt : 20150604 0001104659-15-043236.hdr.sgml : 20150604 20150603174332 ACCESSION NUMBER: 0001104659-15-043236 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150603 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150604 DATE AS OF CHANGE: 20150603 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 2U, Inc. CENTRAL INDEX KEY: 0001459417 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 262335939 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36376 FILM NUMBER: 15911156 BUSINESS ADDRESS: STREET 1: 8201 CORPORATE DRIVE, SUITE 110 CITY: LANDOVER STATE: MD ZIP: 20785 BUSINESS PHONE: 240-487-3991 MAIL ADDRESS: STREET 1: 8201 CORPORATE DRIVE, SUITE 110 CITY: LANDOVER STATE: MD ZIP: 20785 FORMER COMPANY: FORMER CONFORMED NAME: 2tor, Inc. DATE OF NAME CHANGE: 20090324 8-K 1 a15-13364_48k.htm 8-K

 

 

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):

June 3, 2015

 

2U, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

DELAWARE

(STATE OF INCORPORATION)

 

001-36376

 

26-2335939

(COMMISSION FILE NUMBER)

 

(IRS EMPLOYER ID. NUMBER)

 

8201 Corporate Drive, Suite 900

 

 

Landover, MD

 

20785

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

(ZIP CODE)

 

(301) 892-4350

(REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE)

 

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:

 

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

 

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

 

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

 

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

 

 

 



 

Item 8.01                                           Other Events

 

On June 3, 2015, the Company issued a press release announcing it had hired James H. Shelton, as its Chief Impact Officer, a copy of which is attached to this Report as Exhibit 99.1.

 

Item 9.01                                           Financial Statements and Exhibits

 

(d)                                 Exhibits

 

Exhibit Number

 

Exhibit Description

 

 

 

99.1

 

Press release, dated June 3, 2015, “James H. Shelton, Former Deputy Secretary at the U.S. Department of Education, Joins 2U, Inc. as Chief Impact Officer.”

 

2



 

SIGNATURE

 

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

 

 

 

2U, INC.

 

 

 

 

 

By:

/s/ Christopher Paucek

 

Name:

Christopher Paucek

 

Title:

Chief Executive Officer

 

 

Date: June 3, 2015

 

 

3



 

EXHIBIT INDEX

 

Exhibit Number

 

Exhibit Description

99.1

 

Press release, dated June 3, 2015, “James H. Shelton, Former Deputy Secretary at the U.S. Department of Education, Joins 2U, Inc. as Chief Impact Officer.”

 

4


EX-99.1 2 a15-13364_4ex99d1.htm EX-99.1

Exhibit 99.1

 

 

James H. Shelton, Former Deputy Secretary at the U.S. Department of Education, Joins 2U, Inc. as Chief Impact Officer

 

Landover, MD., June 3, 2015 — 2U, Inc. (NASDAQ: TWOU), a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enables leading nonprofit colleges and universities to deliver their high-quality degree programs online, today announced that James H. (Jim) Shelton, former deputy secretary at the U.S. Department of Education, has joined 2U, Inc. to serve as Chief Impact Officer.

 

Shelton’s newly created role is crucial to support sustained growth and build on 2U’s longstanding focus on impact. He will oversee day-to-day management responsibility for partner program implementation, research, and university relations and will also lead internal efforts to ensure the organization continues to deliver exceptional quality and innovative solutions as it achieves the next level of scale.  Over time, Shelton will help define 2U’s broader social impact strategy as it seeks to engage its staff, assets and core capabilities in making opportunity and upward mobility available to all.

 

As the former deputy secretary at the U. S Department of Education (DOE), Shelton oversaw a broad range of management, policy, and program functions. He also was the founding executive director of the President’s My Brother Keeper Initiative and earlier served as head of the Office of Innovation and Improvement at the DOE, managing a portfolio that included most of the DOE’s competitive programs, such as the Investing in Innovation Fund, Promise Neighborhoods and others focused on teacher and leader quality, school choice and learning technology.

 

“We’ve known Jim for years and he is the perfect fit for this role,” says Chip Paucek, 2U CEO and co-founder. “As our first Chief Impact Officer, Jim will drive substantial growth and impact for 2U and will play a crucial role in the effort to shape the future of higher education, especially online education.”

 

“2U’s work aligns with my life’s aim, to leverage innovation to expand opportunity and quality outcomes for students around the world,” says Shelton. “I look forward to working with Chip, the 2U leadership team and innovative higher education leaders to make exceptional learning experiences and life changing educational options broadly available.”

 



 

Prior to his tenure with the DOE, Shelton served as program director for education at the Bill & Melinda Gates Foundation, Shelton managed portfolios ranging from $2 to $3 billion in nonprofit investments targeting increased high school and college graduation rates. Shelton has also served in founding and/or leadership roles for LearnNow, a school management company that was later acquired by Edison Schools, NewSchools Venture Fund, Knowledge Universe and McKinsey & Company.

 

Shelton holds a bachelor’s degree in computer science from Atlanta’s Morehouse College as well as master’s degrees in business administration and education from Stanford University and currently serves on the board of the My Brother’s Keeper Alliance and as a Senior Fellow with Results for America.

 

About 2U, Inc. (NASDAQ: TWOU)

 

2U partners with leading colleges and universities to deliver the world’s best online degree programs so students everywhere can reach their full potential. Our Platform, a fusion of cloud-based software-as-a-service technology and technology-enabled services, provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate students globally. Blending live face-to-face classes, dynamic course content and real-world learning experiences, 2U’s No Back Row™ approach ensures that every qualified student can experience the highest quality university education for the most successful outcome.

 

###

 

Media contact:

 

Shirley Chow, 2U

schow@2U.com

646-597-5850

 


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