Dan Devine.

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Dan Devine has been an integral part of Bridgepoint Education from the very beginning. His financial acumen has led Bridgepoint to a tremendous compounded growth rate of 7,000 percent in a just a few short years. During that period, Devine has successfully managed the financial operations of the company including the purchase of its operating subsidiaries Ashford University and University of the Rockies, as well as the subsequent conversion of the universities from non-profit to for-profit organizations.

Additionally, Devine's ability to articulate the financial aspects of executing on both universities' missions has led the company through successful negotiations with venture capitalists, banks, real estate and other financial institutions. His thorough understanding of the business aspects of running a university and development of his staff has led the company through three highly successful compliance audits for the Department of Education. In addition to success in the past and present, Devine is leading the company's efforts in meeting the goals of its strategic plan that outlines continued tremendous growth without the use of additional binding from its equity sponsor. In every way Devine performs his job ethically and responsibly. Devine's ability to keep Bridgepoint efficient, without compromising the quality of its programs, enriches the lives of thousands of people, who otherwise couldn't afford an education.

Devine graduated from Drexel University in Philadelphia and is a non-practicing CPA in the state of Pennsylvania. He began to work with the founding members of Bridgepoint in 2003, as the team began to seek funding to execute on its mission of affordable and accessible education, officially starting with the company in January 2004.

Devine's background of working at the senior levels of other large organizations and dealing with venture funds, lending institutions and public company boards has been an asset to Bridgepoint and greatly compliments its management team. He added great value to the company, achieving its goals by developing comprehensive and measurable goals for departments and supporting those departments with timing and accurate financial reporting to measure their success. Additionally, Devine has a focus on profitability and has improved the loss margin by 75 percent between 2005 and 2006 and reached profitability for Fiscal Year 2007.

Devine brought the understanding of departmental "best practices" with him when he came to Bridgepoint and was the company lead administrative officer in the first year of the company. AS the company has grown new executives were hired for specific areas, however, Devine is still active with the executives in all areas to assist them in achieving their goals.

Devine has led and participated in many of Bridgepoint's philanthropic ventures, ranging from raising a large donation to the Red Cross's Katrina Fund, Junior Achievement, San Diego's Child Abuse Prevention Foundation, as well as donating masters' degree scholarships to some San Diego public school teachers.