LAWRENCE SCANLAN ELECTED CHAIRPERSON OF PEIRCE COLLEGE BOARD OF TRUSTEES

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LAWRENCE SCANLAN ELECTED CHAIRPERSON OF PEIRCE COLLEGE BOARD OF TRUSTEES

Will Play Leadership Role in Implementation of College's Strategic Plan

Philadelphia, June 25, 2010 - Lawrence L. Scanlan was elected Chairperson of the Board of Trustees of Peirce Collegeat the College's June board meeting. He succeeds Gregory J. West, who will step down on June 30 after reaching his term limit.

Scanlan, former Vice Chairperson of the Peirce Board, has over 35 years of healthcare management experience, including executive and consulting roles with hospitals, health systems, and academic medical centers. He is president of Insight Health Partners, LLC, a consulting firm he co-founded, providing operational improvement and strategic services to the healthcare industry. Scanlan is also president of an executive coaching firm, Scanlan & Associates, LLC.

"Larry is the right person for Peirce," said James J. Mergiotti, President of Peirce College. "He fully commits himself personally and professionally to everything he does. His background and expertise are a perfect fit for the position, particularly as we move forward with the implementation of Peirce's strategic plan."

Scanlan attended Peirce. "He has an excellent understanding of and appreciation for the typical Peirce student, who is non-traditional-working adults, who must balance personal, professional and education responsibilities," Mergiotti said.

"I am very excited about the vision President Mergiotti has outlined for the College," Scanlan said. "My primary goal is to work with the Board and management team to execute the strategic plan we just developed, which I believe will position Peirce well into the future as we continue to grow in a very competitive marketplace. We want Peirce to be the first choice for career-oriented, non-traditional college students, who seek high quality teaching and service. I am proud to be part of that."

Scanlan sees his time spent as a student at Peirce as a very formative part of his life. "I have a passion for Peirce because as my career progressed I could look back and see that my education at Peirce was a fundamental cornerstone of my personal and professional development."

Scanlan has been a Peirce board member since 2005. He quickly moved into a leadership position and became chair of the Finance Audit and Facilities Management Committee, an important role in nonprofit organizations. Scanlan assumed the Board vice chairperson position in 2006.

Prior to his current professional positions, Scanlan served as president of The Hunter Group and as Managing Director of Navigant Consulting's healthcare practice. Before entering the consulting industry, he served as chief financial officer of a community hospital and went on to serve as chief executive officer of two other hospitals.

Scanlan's 2005 article on leadership, Leading with Purpose, and his 1995 article on mergers, Building Consensus for (Merger) Integration, both won article of the year honors by Hospital Financial Management Journal. He recently authored a book, Hospital Mergers-Why They Work, Why They Don't, scheduled to be released by AHA Press/Health Forum in August 2010.

He graduated from Philadelphia University with a bachelor's degree in Accounting. He is a member of the American College of Healthcare Executives and the International Coach Federation. He achieved Fellow status through the Hospital Financial Management Association. Scanlan is a Certified Public Accountant.

"I want to thank Greg West for his stewardship as Chairperson," Mergiotti said. "Greg led the board through a significant period of change, especially during the transition to a new president. He played a key role in the development of the College's strategic plan, which will set the course for Peirce's future. Greg ensured all the pieces were in place to enable us to be successful."

West is president of West Corporate Partners. He has over 30 years of experience in commercial real estate brokerage.

About Peirce College

Peirce College offers bachelor's and associate degree programs in Business, Healthcare, Information Technology and Paralegal Studies. Peirce College is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, Pennsylvania, 19104 (phone: 267-284-5000). The Accreditation Council for Business Schools and Programs accredits the College's business program and the Paralegal Studies program is approved by the American Bar Association.

For more information about Peirce College, call 1.888.467.3472 or visit www.peirce.edu

Visit Peirce's blog Peirce Connections at http://blog.peirce.edu.

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Contact: William Hawkins
215-592-8734
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w.hawkins@kingsroadconsult.com