ANN ARBOR, MI, August 25, 2011 /PRNewswire – XanEdu Publishing, Inc. today announced that the company has hired Alar Elken as its new Chief Executive Officer effective August 22, 2011. Prior to joining XanEdu, Elken was Executive Vice President at Cengage Learning. Elken will oversee the company’s global products and services operations, and the organization’s transformational Folio-X e-learning initiative.
“Alar has the vision, passion and leadership skills to accelerate XanEdu’s growth in the higher education custom publishing market,” said Mark Carroll, Managing Partner, Superior Capital Partners LLC, a Detroit-based private equity firm that owns XanEdu. “As a highly experienced leader, we’re confident that he will have an immediate impact by shaping the company’s growth and evolution, and extending the performance of our sales, marketing, operations and technical teams to drive additional revenue and profitability.
“This is an incredible time to be joining XanEdu,” said Elken. “The company is poised for significant growth and I’m honored to have this opportunity to lead them in doing so. I’m also excited to work with a leadership team that has grown the company from a print course pack provider to the leading digital platform for custom course materials. This company has an amazing story to tell and the team here has taken a dedicated and innovative approach to providing customers with products that change the way students engage with course materials.”