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National Press Release
![]() | Universal Technical Institute Announces Departure of Chief Operating OfficerPublished 2009-07-06 16:30By Universal Technical Institute, Inc. |


Effective immediately,
"Tom has been highly involved with the Company's show rate initiatives and ongoing process changes in the organization and has played an important role as a member of our senior leadership team for the past four years, most notably in his ability to develop top talent while building high performing teams. I have every confidence in Tom's leadership and talent to guide our operations teams forward. He is well positioned to support the Company's continued growth," stated Ms. McWaters.
Mr. Riggs has over fifteen years of professional business experience in several Fortune 50 and Fortune 500 companies, including a decade in the aerospace manufacturing industry with organizations such as BFGoodrich Aerospace, Honeywell and Simula, Inc. He also held several leadership roles at Sears Holdings Company. Mr. Riggs holds a BA in employment relations from
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Safe Harbor Statement
All statements other than statements of historical fact could be deemed "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and are subject to a number of uncertainties that could cause actual performance and results to differ materially from the results discussed in the forward-looking statements. Factors that could affect the company's actual results include, among other things, changes to federal and state educational funding, possible failure or inability to obtain regulatory consents and certifications for new or expanding campuses, potential increased competition, changes in demand for the programs offered by the company, increased investment in management and capital resources, the effectiveness of the company's recruiting, advertising and promotional efforts, changes to interest rates and unemployment, general economic conditions and other risks that are described from time to time in the public filings of the company. Further information on these and other potential factors that could affect the company's financial results or condition may be found in the company's filings with the Securities and Exchange Commission. The forward-looking statements speak only as of the date of this press release. The company expressly disclaims any obligation to publicly update any forward-looking statements whether as a result of new information, future events, changes in expectations, any changes in events, conditions or circumstances, or otherwise.
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