Frederick, MD – Regent Education, the leading provider of financial aid and enrollment management software solutions, today announced the addition of higher education veteran Jim Hermens to the executive team where he will serve as the Company’s president. Hermens has an extensive background with higher education technology firms and comes from Blackboard Inc. where he served most recently as Vice President of Business Development and Strategic Partnerships.
“We had very specific criteria for our new president and conducted a formal search to find the right person, and Jim is that person” said Randy Jones, CEO of Regent. “Jim’s extensive experience in higher education coupled with his strong background in product management and operations make him uniquely qualified for this role. The growth we are experiencing makes it imperative that we have the people and resources necessary to meet current and future customer needs. The addition of Jim as President will ensure that we are positioned properly for that growth.”
Hermens’s career has spanned nearly 20 years in education technology and services, serving as the Vice President of Industry Management and Business Development at Blackboard, General Manager for Blackboard Analytics at Blackboard, President and CEO of Educate Online, and Vice President of Operations at Sylvan (Laureate) International Universities. His background includes experience in product development, product management, client implementations and relations, industry partnerships, institutional accreditation, and strategic planning. In those roles he guided companies through their growth phases, with a strong focus on operational improvement and solutions growth.
“I am thrilled to be a part of the Regent team and to help lead Regent through its next phase of growth” said Hermens. “Regent is playing a critical role in helping institutions overcome the administrative challenge of administering financial aid, and giving institutions the flexibility to offer innovative enrollment models that meet the changing needs of learners. I am excited to be a part of that and to ensure that we are operationally organized and positioned to meet those needs.”
Regent has established itself as the leading financial aid software provider for schools offering non-traditional enrollment models, including non-term, Borrower Based Academic Year (BBAY), and Competency Based Education (CBE) models. Nontraditional models are increasing rapidly, as less than 30% of students now meet the definition of a traditional student. Regent attributes much of its growth to the increasing number of institutions offering CBE and non-traditional models.
To learn more about Regent Education, please visit: www.regenteducation.com.