Universal Technical Institute, Inc. names interim CFO as Troy Anderson departs
Troy Anderson will step down from his role, and Christine Kline has been appointed interim CFO. The change marks an important moment for Universal Technical Institute, Inc. as it keeps pushing its mission to develop a skilled workforce.
Leadership transition
Universal Technical Institute, Inc. announced that Troy Anderson, Executive Vice President and Chief Financial Officer, is resigning from his position to pursue a new opportunity at another public company. His departure follows a tenure in which he helped steer major financial and operational initiatives.
To ensure continuity, the company has named Christine Kline, currently Chief Accounting Officer, as interim CFO while a search for a permanent successor gets underway. CEO Jerome Grant thanked Anderson for his service and underscored his impact on the company’s North Star Strategy, noting that his work helped move key priorities forward.
Impact of the transition
During his time at UTI, Anderson helped drive a broad transformation that included strategic acquisitions, campus expansion, and the rollout of new programs. These moves strengthened day-to-day operations and, over time, supported long-term value for shareholders.
As Grant put it, “Troy has been a key player in our transformative strategy, leading significant financial restructuring and executing beneficial transactions.” The outcome, he added, is a stronger, healthier organization positioned to keep serving students and employers.
Christine Kline’s role going forward
As interim CFO, Kline will guide the finance organization through the transition period. With more than four years at Universal Technical Institute, she brings deep knowledge of the company’s financial systems and rhythm of the business—experience that should help maintain momentum while the permanent search proceeds.
Under her oversight, the finance team has supported a growing portfolio of programs designed to close skills gaps across multiple industries. In the interim role, Kline will report directly to CEO Jerome Grant, providing stability and continuity across budgeting, reporting, and capital planning.
North Star Strategy continues
Even with this leadership change, Universal Technical Institute, Inc. remains focused on its North Star Strategy, aimed at reducing the skilled workforce gap in the United States. The plan centers on growth, diversification, and optimization across the company’s educational platforms.
As part of that strategy, the company is targeting revenue growth of about 10 percent and an Adjusted EBITDA margin approaching 20 percent by fiscal 2029. These goals speak to a continued emphasis on strong outcomes for students and employers alike.
About Universal Technical Institute, Inc.
Founded in 1965, Universal Technical Institute, Inc. (NYSE: UTI) has built a national footprint dedicated to preparing students with career-ready skills. Through its UTI and Concorde Career Colleges divisions, the company offers programs in transportation, skilled trades, energy, nursing, dental, and allied health.
Led by CEO Jerome Grant, the organization remains committed to elevating career education and supporting workforce development. For more information, please visit the company’s official websites.
Frequently Asked Questions
Why did Troy Anderson leave Universal Technical Institute, Inc.?
He resigned to take an opportunity at another public company. The transition allows UTI to begin a planned search for his permanent successor.
Who is the interim CFO of Universal Technical Institute, Inc.?
Christine Kline, the company’s Chief Accounting Officer, has been appointed interim CFO and will lead the finance team during the transition.
What is the North Star Strategy?
It’s UTI’s companywide plan to help close the U.S. skills gap by focusing on growth, diversification, and optimization across its education and training platforms.
What are the company’s growth projections?
UTI is targeting approximately 10 percent revenue growth and an Adjusted EBITDA margin near 20 percent by fiscal 2029.
What educational sectors does Universal Technical Institute cover?
UTI offers programs in transportation, skilled trades, and energy, while Concorde Career Colleges focuses on nursing, dental, and allied health.
