Universal Technical Institute, Inc. Announces Bruce Schuman as Chief Financial Officer

Core Insights - Universal Technical Institute, Inc. has appointed Bruce Schuman as Chief Financial Officer, effective immediately, bringing extensive financial leadership experience to the role [1][2][3] - The company is poised for significant growth and profitability over the next four years, driven by the demand for skilled workers in the U.S. [2][4] - The second phase of the company's North Star strategy aims for approximately 10% revenue CAGR and an expansion of Adjusted EBITDA margin to nearly 20% by fiscal 2029 [4] Company Overview - Universal Technical Institute, Inc. is a leading workforce education provider specializing in transportation, skilled trades, and healthcare education [6] - The company operates two divisions: UTI, which offers technical training programs across 15 campuses in nine states, and Concorde Career Colleges, which has 17 campuses in eight states and online programs [6] Recent Performance - The company reported strong financial results for the first quarter of fiscal 2025, with improvements in revenue, Adjusted EBITDA, and new student starts year-over-year [5] - Universal Technical Institute has increased its guidance ranges for the fiscal year, indicating positive momentum in its operations [5]