Executive Bio
Mr. Jeffrey D. Ayers has been Senior Vice President, General Counsel and Corporate Secretary of Career Education Corp. since December 31, 2007. Mr. Ayers served as Senior Vice President, General Counsel and Secretary of Novastar Financial Inc. since February 2005. He was a Senior Vice President, General Counsel and Secretary at Novastar Mortgage Inc. He served as the Chief Compliance Officer of Career Education Corp. until September 2012. Mr. Ayers served as Aquila Corp.'s General Counsel and Corporate Secretary since November 2000. From October 1999 to November 2000, he was Aquila Corp.'s Senior Vice President, Legal and Regulatory Affairs. Mr. Ayers has practiced law for nearly 20 years in law firms and corporations, with experience in securities, debt and equity financings, securitizations and regulatory and compliance matters. He joined NovaStar from GE Insurance Solutions, where he was Vice President and Associate General Counsel. From 2003 until this year, he was responsible for various legal functions of the $10 billion-plus unit of General Electric, including Sarbanes Oxley compliance, public securities filings, financings and transactions. From 1999 to 2002, Mr. Ayers served as Senior Vice President, General Counsel and Corporate Secretary for Aquila Merchant Services. He managed a staff of 75 and was responsible for legal, environmental and regulatory affairs for Aquila, a multinational risk merchant, commodity trader and energy infrastructure developer and manager. He was managing partner of the London office of Blackwell Sanders Peper Martin LLP from 1996 to 1999. Prior to that, he served as a Partner in the Blackwell Sanders firm in Kansas City. Mr. Ayers' work with clients spanned a variety of corporate issues such as financings, securities, acquisitions and joint ventures. Before joining Blackwell Sanders in 1992, he was an attorney with the Stinson, Mag & Fizzell and Bryan Cave law firms. Mr. Ayers earned a Juris Doctor degree from the University of Iowa with high distinction and served on the staff of the Journal of Corporation Law. He also received a Master of Business Administration degree from the University of Iowa. He received a bachelor's degree from Graceland University, Summa Cum Laude, with majors in Computer Science and Mathematics.