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Kaplan's CEO, Thomas C. Leppert, will step down after two years on the job, the for-profit higher education company said on Thursday. Leppert will be replaced by Andrew S. Rosen, the executive vice president of Graham Holdings Company, which owns Kaplan. Rosen, a veteran at the company, is also Kaplan's chairman.

Kaplan has diversified in recent years, and does a substantial amount of business with nonprofit higher education. Like several other large for-profit chains, the company has reduced its campus footprint amid the sector's declining enrollments. In February it sold 38 Kaplan College campuses to Education Corporation of America, a privately held for-profit.

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Campus of Oklahoma State University
Students Free Speech
Settlement Shuts Down Bias Response Team at Oklahoma State University

The university has settled with a conservative advocacy group that claimed OSU's harassment and anti-bias policies ch

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Paul Fain

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