Gary E. Bisbee

GARY E. BISBEE III is a Vice President and Senior Research Analyst
covering the education services sector at Lehman Brothers. Mr. Bisbee’s
coverage universe consists of all the major postsecondary education
companies, including Apollo Group, Career Education Corporation and
Corinthian Colleges. He plans to expand his coverage universe in the
future to include selected corporate training and K-12 education
companies and consumer services companies. He has been quoted in
numerous publications, including The Wall Street Journal, BusinessWeek,
Investor’s Business Daily, and U.S. News & World Report. Prior to
focusing on education, Mr. Bisbee worked as a research associate in the
firm’s business services practice for three years following a
diversified group of business and consumer services companies. He
initially joined Lehman Brothers in the summer of 1997 as an associate
in institutional equity sales, before moving to equity research in July
1999. Prior to joining Lehman, he was an institutional sales assistant
at Cowen & Co. He graduated from Hamilton College with a BA in
Economics. He is a Chartered Financial Analyst.