Bridgepoint Education Is Now Zovio, Announces Arizona Headquarters
Bridgepoint Education, Inc. has changed its name to Zovio Inc., advancing the company’s strategy and transformation into an education technology services company.
In addition to the name change, the company, which partners with higher education institutions and employers to deliver innovative, personalized technology solutions, also announced it is relocating its headquarters to Chandler, Arizona.
“Today, America has 7 million jobs currently vacant because of a shortage of qualified workers – a skills gap that threatens our country’s competitiveness in a global economy,” said CEO Andrew Clark.
“Zovio will work alongside education institutions, employers, and learners to provide technology and services differentiated by meaningful insights gained through powerful data and analytics, which will enable our partners to address the skills-to-employment challenge,” he said.
Zovio is moving into a 130,000-square-foot open-concept work space in Chandler. About 200 people are currently working in a transitional operations center in Tempe, Arizona will be the first to relocate to the energy-efficient facility. They’ll be followed by more than 600 other currently employees over the next 18-to-24 months.
The business will continue to have operations in Clinton, Iowa, Denver, Colorado and San Diego, California.
Clark said the company decided to move its headquarters to Arizona, and the greater Phoenix area specifically, because the location will enable it to tap into local talent, enjoy a favorable business environment, and provide a more reasonable cost of living for its transferring employees.
“Arizona’s education programs are training corporate employees, software developers and more,” said Arizona Governor Doug Ducey. “As we expand these programs, education technology must also keep up. We’re proud that Zovio chose Arizona to expand its headquarters and congratulate them on their growth.”
“I am pleased to welcome the corporate headquarters of Zovio to Chandler, Ariz.,” said Chandler Mayor Kevin Hartke. “With the relocation of their headquarters, more than 800 employees and their families also will call Chandler home. I’m confident they will enjoy Chandler’s quality of life, including recreation, schools, diversity, and workforce opportunities. I wish Zovio and their employees continued success.”
“Our team looks forward to working with local leaders as we move our headquarters and bring jobs to Chandler,” Clark said.
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