On January 21, 2013, ITT Educational Services Inc. announced that Clark D. Elwood, the Executive Vice President, Chief Administrative and Legal Officer of the company, announced his retirement from the company, effective May 10, 2013. On January 21, 2013, the company's Board of Directors elected Thomas I. Morgan to serve as a director on its Board of Directors. Mr. Morgan has also been appointed to the Audit Committee of the company's Board of Directors.

Thomas I. Morgan has served as chairman and chief executive officer of Baker & Taylor Inc., since July 2008. He has announced his retirement from the position of chief executive officer of B&T, effective January 31, 2013.