Strayer University - Strayer Education, Inc.

Strayer Education, Inc.

Strayer Education, Inc., is a publicly traded corporation (NASDAQ: STRA), established as a holding company for the college and other assets in 1996. The company was created to take what was then Strayer College public and raise capital for expansion. Its corporate headquarters are in Herndon, Virginia. Robert S. Silberman has been CEO since 2000.

Between 2001 and 2005 the company's main owners were New Mountain Capital and a private equity unit of Deutsche Bank, DB Capital.

For the second calendar quarter of 2012, the company reported net income of $21.2 million from total revenue of $146.3 million. Revenue was 11 percent lower and income 28 percent lower than the same quarter of the previous year. In 2009, slightly more than one-third of company revenues had been allocated to profit.

In 2009, Silberman had total compensation of $41.5 million, consisting almost entirely of restricted stock grants to pay out over a ten-year period. This was the highest compensation in the for-profit education industry and led in 2010 to the Washington Post naming him the most highly compensated CEO in the Washington, D.C., area. His annual compensation in 2010 was $1.5 million.