Continuing Education
PR Newswire | September 28, 2023
Today, Vernier Science Education, a leading provider of innovative science and STEM education solutions, announced a significant organizational shift that will chart the course for its mission and values for the foreseeable future. The company will evolve from partner-owned to being owned by a Perpetual Purpose Trust. This allows Vernier Science Education to ensure values-aligned ownership succession and uphold its core mission and values indefinitely, ensuring that its social and charitable objectives remain a priority in perpetuity, securing the futures of its valued employees, and reinvesting profits back into the business while sharing benefits with employees, customers, and communities alike.
The Perpetual Purpose Trust is a bold and innovative approach that aligns perfectly with Vernier's vision of serving educators, students, the STEM community, and communities at large. The decision to reevaluate and reimagine Vernier's ownership model and long-term commitment to its mission comes as John Wheeler, the CEO of Vernier Science Education, prepares to step back from day-to-day activities, ushering in a new era of innovation and purpose-driven sustainability for the company.
"Our decision to reevaluate our business and establish a Perpetual Purpose Trust stems from our unwavering commitment to STEM education and sustaining the values and principles that have defined Vernier for decades. This transformational shift will enable us to secure the future of our employees, reinvest in our business, and continue our mission of creating a STEM-literate society," said Wheeler. "I am honored to continue to guide our work during this transition, and I look forward to the remarkable achievements that lie ahead for Vernier Science Education."
Wheeler will remain in his position as CEO until a nationwide search identifies a replacement. He will continue to be active in Vernier Science Education providing guidance and leadership to the organization and supporting the new CEO.
The transition from partner-owned to Trust-owned will be funded by both gifting and purchase of shares from current Partners. Dave and Christine Vernier, the company's co-founders and key figures in its success, will remain actively engaged in the Vernier Science Education family, offering their invaluable insights and support as the company embarks on this exciting new chapter.
"Vernier Science Education has always been driven by a deep commitment to advancing STEM education. As we transition to a Perpetual Purpose Trust, we're reaffirming our dedication to our mission and values, and commitment to staying a local independent Oregon-based company for generations to come," said Dave Vernier. "Christine and I are excited to continue contributing to the Vernier family and witnessing the positive impact this strategic move will have on educators, students, and the STEM community. This is how we pay back the years of success our organization has had and give back to our community."
By establishing a Perpetual Purpose Trust, Vernier Science Education joins other socially-conscious organizations, foundations, and companies committed to long-term sustainability, fostering a sense of purpose that extends far into the future.
About Vernier Science Education
Vernier Science Education is a leading provider of innovative solutions for STEM (Science, Technology, Engineering, and Mathematics) education. For over four decades, Vernier has been dedicated to supporting educators and inspiring students to explore and understand the world of science. With a commitment to quality, Vernier's comprehensive range of data collection and analysis tools, along with its educational resources, empowers educators to facilitate engaging and hands-on learning experiences. To learn more, visit vernier.com.
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Continuing Education
PR Newswire | October 12, 2023
Venbrook Group, LLC ("Venbrook"), one of the largest independent insurance distribution and services firms in the U.S., today announced the formation of a national Higher Education division to bring a holistic approach to risk management solutions for K-12 schools, universities, faculty, staff, and students for all their insurance needs. The new division falls under Venbrook's Employee Benefits vertical, led by Alison Myers ("Myers"), Executive Vice President.
Venbrook's new Higher Ed division will tailor customized risk management solutions for campuses across the U.S., helping schools identify insurance needs and relieve staff from the complexity and administration of policy implementation. The new division brings together the expertise of Venbrook's risk management team for all lines of coverage for K-12, community colleges, and private and public universities nationally. The Division will also employ a fully integrated technology solution to assist with implementation, policy, and claims management, as well as providing an accessible member-facing portal focused on engagement and care management.
Assisting Myers is Mike Conway, long time industry veteran, who joins Venbrook as the new Head of Strategy & Business Development. Conway has more than 20 years of experience in student insurance and was part of the student insurance team at Aetna, as well as being part of Anthem's student division. Conway will focus on the strategic direction of the division and help grow the national footprint of the company's Higher Ed offering.
In my experience, one of the biggest challenges facing schools is reaching students to connect them to the right health, wellness and insurance programs they need, said Conway. We want to make health and wellness a priority, alongside school staff, so students reach their academic goal of graduation. And we want to make sure campuses and their staff's insurance needs aren't overlooked. This new program will bring a whole campus solution to schools and I couldn't be more thrilled to join Venbrook and bring this program to market.
"We are excited about the launch of our Higher Ed division and bringing Mike on board to grow our platform," said Myers. "The market is in need of a holistic approach to insurance for schools, students, and faculty. Our investments in infrastructure and the build out of our new technology platform will help alleviate the administrative burden for schools, while providing a seamless solution for students."
About Venbrook®
Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, specialty programs, and claims services. Venbrook caters to a national client base across myriad industries with divergent needs. Venbrook's team of experts and industry specialists' partner with their clients to manage their risks, create security, promote growth and add value by delivering best-in-class insurance products and programs.
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Education Technology
Business Wire | October 10, 2023
Watermark, a leading provider of software solutions for higher education, proudly unveils the Educational Impact Suite (EIS), a comprehensive and interconnected suite of tools that unifies organizational leadership, student success, and continuous improvement, serving as an institution's internal compass. Grounded in the ethos of Education Impact, the EIS will revolutionize operational strategies for leaders, administrators, and faculty to maximize engagement, impact, and institutional storytelling.
While technological advancements have historically moved slowly in higher education, recent years have seen an unprecedented boom in education technology, forging an inescapable tension between tradition and innovation. The challenges of pandemic learning exemplified this, thrusting educational institutions into uncharted territories as they scrambled to facilitate remote learning amidst a global crisis. The urgency to adapt often overshadows strategic foresight, leading to disjointed and fragmented solutions. EIS seeks to transform institutions' overarching challenges into opportunities to adapt and evolve.
“Higher education is at a pivotal juncture, where the fusion of tradition and innovation is essential,” said Erin Shy, CEO of Watermark. “The Educational Impact Suite is the bridge that connects data with process. That bridge simplifies internal operations to provide a clearer view for faculty, staff, and leaders. With this clarity, we're facilitating learning environments where insights drive action, ensuring that institutions' strategies are as impactful as they are intentional.”
Digital sprawl leads institutions to spend most of their time collecting data rather than understanding it. By connecting all of Watermark’s solutions together and establishing strong integrations with top LMS and SIS systems, the EIS breaks down data silos to help institutions uncover actionable insights. At launch, the EIS is focused on:
Comprehensive Integration & Efficiency: The EIS encompasses a range of tools, each honed to deliver distinct insights and optimize workflows. When harnessed collectively, institutions unlock exponential value, break down data silos, and bolster cross-functional coordination to amplify their impact.
Data-Driven Insights in Context: With EIS, analytics are not just numbers on a screen. They're carefully curated, placed in the context of daily workflows, and designed to highlight areas for improvement, thereby supporting institutional effectiveness and student success. This distinguishes EIS from all point solutions in the market.
Student-Centric Vision: From curriculum development to course performance assessment and faculty impact analysis, the student's experience remains at the forefront. EIS is built with the institution's influence on the student journey as its core focus.
"The confluence of insights and impact becomes the backbone of transformation,” said Alex Leader, Chief Impact Officer at Watermark. “When insights are not just gleaned but acted upon, they become the very footprints of impact. By meticulously curating and connecting data across an institution, the EIS will build connective tissue between Institutional Effectiveness and Student Success teams to drive support structures that are informed and holistic. This ensures that every initiative contributes to an institution's lasting impact on its students and empowers that legacy to be meaningfully communicated.”
For more information about the Watermark EIS, visit www.watermarkinsights.com/solutions.
About Watermark
Watermark gives higher education institutions the tools they need to easily track, manage, and examine their data. For over twenty years, colleges and universities have used Watermark solutions to complete assessment and accreditation requirements, capture and analyze student feedback, showcase faculty accomplishments, and improve student engagement. Watermark's Educational Impact Suite (EIS) puts data into context so faculty and staff can focus on what really matters: institutional and student success. Learn why Watermark is trusted by over 1,700 colleges and universities to support continuous improvement at www.watermarkinsights.com.
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