APEI Appoints Michael D. Braner of 325 Capital LLC to its Board of Directors

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[{"type":"text","content":"CHARLES TOWN, W.V., March 20, 2023 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI) today announced it has appointed Michael D. Braner, a Managing Partner of 325 Capital LLC (\"325 Capital\"), to APEI's Board of Directors, effective March 28, 2023.\n\n \n \n \n \n \n \n\n \n\"We are excited to welcome a seasoned investor and existing shareholder, Michael Braner, to APEI's Board of Directors,\" said Ric Andersen, Chairman of APEI's Board of Directors. \"His experience partnering with management teams and boards to further unlock long-term value aligns well with APEI's objectives.\"\nAngela Selden, President and Chief Executive Officer of APEI, said, \"The APEI management team is very pleased to continue to collaborate with Michael and the 325 team in this new capacity. Their enthusiasm for and familiarity with the value levers of our business will contribute greatly to our future success.\"\nMr. Braner said, \"I am excited to join the APEI Board and look forward to working together with Angie and her team, as well as the rest of the Board, to enhance shareholder value.\"\n325 Capital and certain other persons and entities together own approximately 4.9% of APEI's outstanding common stock. In connection with the appointment of Mr. Braner, APEI entered into a Cooperation Agreement between APEI and 325 Capital containing customary provisions, including a standstill arrangement.\nAbout Michael D. BranerMr. Braner is currently the Managing Partner and Chief Compliance Officer of 325 Capital and has served in those roles since 2018. Mr. Braner previously served as a Partner at Sagard Capital Partners, L.P. from 2005 to 2016. Prior to Sagard Capital, from 1992 to 2003, Michael was at Bain & Company, supporting clients in Bain's Chicago, Hong Kong, Sao Paulo, Mexico City, Dallas, Boston, and Los Angeles offices, providing strategic direction to such clients.\nAbout 325 Capital LLC325 Capital is a long-term, significant, minority owner of high-quality, small, public companies. 325 Capital strives to constructively partner with management teams and boards that are committed to driving long-term, fundamental value. As lead shareholders, 325 Capital supports its portfolio by working from deeply researched facts, acting as discrete advisors or constructive board members, providing access to a network of relationships, and provid...

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