Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): August 5, 2021

(Exact Name of Registrant as Specified in Charter)

New Jersey


(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)
14 Sylvan Way, Suite A, Parsippany, NJ 07054
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (973) 736-9340

Not applicable
(Former name or former address, if changed since last report)

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934  (§240.12b-2 of this chapter).
Emerging growth company
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Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Name of each exchange on which
Common Stock No Par Value

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Expansion in Board Size

On August 5, 2021, the Board of Directors (the “Board”) of Lincoln Educational Services Corporation (the “Company”) increased the size of the Board from nine directors to ten directors, effective immediately on that date.

Appointment of Director

On August 5, 2021, at a meeting of the Board and upon the recommendation of the Nominating & Corporate Governance Committee, the Board appointed Felecia Pryor as an independent director to fill the vacancy created by the increase in the size of the Board.  Ms. Pryor will serve until the Company’s 2022 Annual Meeting of Shareholders, when she will be subject to re-election to the Board by a vote of the Company’s shareholders, or until her earlier resignation or removal.

At the meeting, the Board also appointed Ms. Pryor to the Compensation Committee.

Felecia Pryor currently serves as the Executive Vice President and Chief Human Resources Officer of BorgWarner, Inc., an American multinational automotive supplier, and previously served as its Global Vice President, HR Morse Systems from October 2018 to March 2019.  Prior to joining BorgWarner, Ms. Pryor served in various management roles with Ford Motor Company, an American multinational automaker, including HR – Global Director, Personnel Organization & Planning from 2018 to 2019, ASEAN Region – Bangkok, Thailand, VP, HR from 2016 to 2018 and Asia Pacific Region – China Ford Research & Engineering Center HR Director from 2014 to 2016. She has twenty years of progressive human resources experience. Ms. Pryor holds a Bachelor of Arts degree in criminal justice from Valdosta University and a Master’s degree in public administration from Florida Atlantic University. Additionally, she has a Juris Doctor degree from Thomas M. Cooley Law School.

There are no arrangements or understandings between Ms. Pryor and any other persons pursuant to which Ms. Pryor was selected as a director. There are no transactions, arrangements or relationships between the Company or its subsidiaries, on the one hand, and Ms. Pryor, on the other hand, which would require disclosure pursuant to Item 404(a) of Regulation S-K.

A copy of the press release announcing the appointment of Ms. Pryor is furnished as Exhibit 99.1 to this Current Report and incorporated herein by reference.

Item 9.01
Financial Statements and Exhibits.


Exhibit No.
Exhibit Title

Press Release issued by Lincoln Educational Services Corporation dated August 5, 2021


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date:  August 6, 2021

/s/ Alexandra M. Luster

Alexandra M. Luster

SVP & General Counsel


Exhibit 99.1
Press Release

Lincoln Educational Services Enhances Core Capabilities with Appointment of Felecia J. Pryor to its Board of Directors

PARSIPPANY, NJ – August 5, 2021 – Lincoln Educational Services Corporation (NASDAQ: LINC), celebrating its 75th year as a national leader in specialized technical training, today announced that Felecia J. Pryor, JD, MPA, has been appointed to the Company’s Board of Directors. With over 20 years of corporate leadership experience, Ms. Pryor’s contributions will further broaden the Board’s perspective and enhance the Company’s ability to execute on its long term growth strategy. In connection with her appointment to the Board, Ms. Pryor was also appointed to the Board’s Compensation Committee.

“Ms. Pryor brings a long record of accomplishment, both professional and educational, and will be a valued member of the Board of Directors,” says Lincoln Tech’s Board Chairman J. Barry Morrow. “Throughout her career she has exhibited a strong skill set in talent acquisition, strategic planning and executive compensation programs, all of which are valuable additions to the Board. Her leadership in these regards will lend further support to positioning Lincoln not only as the school of choice for students, but also as a workplace that continues to attract top talent for positions at both the campus and corporate levels.”

I look forward to being part of the long-standing tradition of Lincoln and, as a Director, to promoting the organization’s values and most importantly the differentiating factors that make the institution appealing to students as they progress on their learning and professional journey,” says Ms. Pryor

Scott Shaw, Lincoln Tech’s President and CEO added, “I, along with the other Board members and the executive leadership team, look forward to working with Ms. Pryor to further Lincoln’s continued evolution as the nation’s leading career training organization,”

Ms. Pryor currently serves as Executive Vice President and Chief Human Resources Officer at BorgWarner Inc. where her primary focus includes Executive Planning & Compensation, Talent & Leadership Development, Culture, Engagement & Sentiment, Internal Communications, Diversity, Equity, and Inclusion. She previously served more than 16 years in human resources at the Ford Motor Company across a multitude of areas with increased levels of responsibility, including Global Human Resources Director – Global Personnel, Organization & Planning, Vice President of Human Resources for Ford ASEAN (Bangkok, Thailand) and Human Resources Director Ford Asia Pacific (Nanjing, China).

Ms. Pryor is a licensed Michigan attorney who holds a Bachelor of Arts in Criminal Justice from Valdosta State University, a Master of Public Administration from Florida Atlantic University, and a Juris Doctor from Western Michigan University Thomas M. Cooley Law School.


About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946.

Lincoln currently operates 22 campuses in 14 states under three brands: Lincoln Technical Institute, Lincoln College of Technology, and Euphoria Institute of Beauty Arts and Sciences.  Lincoln also operates Lincoln Culinary Institute in the states of Connecticut and Maryland.

Contact Information
Lincoln Educational Services Corporation
Peter Tahinos
(973) 766-9656