Governance Practices
Governance Practices
Under the leadership of President and CEO Lisa Wardell, Adtalem has notably increased female and multicultural representation on its Board of Directors since 2016. We believe diverse and independent Directors create stronger practices and outcomes for the company.
Lisa Wardell is an advocate for increasing the number of women and minorities in corporate leadership positions, and in 2018 became a signatory with CEO Action for Diversity & Inclusion.
Adtalem takes seriously the custody of student and employee data, and therefore employs strong governance practices regarding data security. For example, Adtalem’s Enterprise Information Security Framework policy and Information Governance and Security procedures are modeled on the National Institute of Standards and Technology (NIST) 800-53 policy framework. Additionally, Adtalem’s Enterprise Safety and Security team was ranked ninth on Security Magazine’s 2019 Security 500 Report in the Education/University/College/Technical Institutions sector.
We are committed to the highest standards of corporate conduct in the operation of our business. Our Code of Conduct sets professional standards for how we operate. Adtalem employees are asked to review and acknowledge the Code during onboarding and receive training on the Code annually. Additionally, all employees are required to complete a web-based harassment training course.
Adtalem’s Cyber Security team provides regular reports to the Board’s Audit and Finance Committee, which is tasked with compliance oversight. This committee includes a Director who has obtained a Certificate in Cybersecurity Oversight from the Software Engineering Institute of Carnegie Mellon University, a certificate program in partnership with the National Association of Corporate Directors (NACD).
Adtalem Global Education’s anonymous reporting helpline is operated by an independent company, is available 24 hours a day, seven days a week, and is multilingual. Once a grievance has been received and processed, the anonymous report is shared with Adtalem’s Integrity and Compliance team, which resides within the Legal department and is overseen by the VP, Senior Associate General Counsel. The team is responsible for reviewing all allegations and taking the appropriate course of action. We do not tolerate retaliation of any kind against anyone for raising concerns or reporting possible misconduct in good faith or for assisting in the investigation of possible misconduct. This confidential reporting process is communicated to all employees through our Code of Conduct. See the Code of Conduct for full details regarding our whistleblowing policy and process.
Board Diversity
Female
Female
Minorities
Minorities
Board Independence
BOARD INDEPENDENCE | ||
---|---|---|
INDEPENDENCE | MEMBERS | |
Full Board | 88.9% | 9 |
Audit | 100% | 3 |
Compensation | 100% | 3 |
External Relations | 100% | 2 |
Academic Quality | 100% | 2 |
Nominating | 100% | 3 |
Data as of August 2020