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Universal Technical Institute Appoints Eugene S. Putnam, Jr. to Executive Vice President and Chief Financial Officer

2008-07-28 19:22:00

Universal Technical Institute Appoints Eugene S. Putnam, Jr. to Executive Vice President and Chief Financial Officer

    PHOENIX, July 28 /EMWNews/ -- Universal Technical

Institute, Inc. (NYSE: UTI), a provider of technical education training,

today announced the appointment of Eugene S. Putnam, Jr. to Executive Vice

President and Chief Financial Officer. Mr. Putnam has been UTI's interim

CFO since February 2008 through a Professional Services Agreement with

Resources Global Professionals, Inc. Prior to joining UTI, he held several

financial leadership positions, including Executive Vice President and

Chief Financial Officer of Aegis Mortgage Corporation, where he was

responsible for financial leadership, corporate strategy and mergers and

acquisitions. Prior to that, Mr. Putnam was President of Coastal

Securities, L.P. and Executive Vice President and Chief Financial Officer

of Sterling Bancshares, Inc. Mr. Putnam also spent 14 years as Director of

Investor Relations and in various corporate finance positions with SunTrust

Banks, Inc.



    Mr. Putnam holds an M.B.A. from the University of North Carolina at

Chapel Hill and a BS in Economics from the University of California, Los

Angeles.



    "We are very pleased that Eugene accepted this position. He was able to

step into the role of interim CFO with impressive leadership during a

critical transition period," said Kimberly McWaters, President and Chief

Executive Officer of UTI. "Eugene brings a fresh blend of financial

services and capital markets experience to UTI. He is a welcome addition to

our senior leadership team and will be instrumental in growing our business

and creating shareholder value."



    About Universal Technical Institute, Inc.



    Universal Technical Institute, Inc. is a provider of technical

education training for students seeking careers as professional automotive,

diesel, collision repair, motorcycle and marine technicians. The company

offers undergraduate degree, diploma and certificate programs at 10

campuses across the United States, and manufacturer-sponsored advanced

programs at 18 dedicated training centers. Through its campus-based school

system, Universal Technical Institute Inc. offers specialized technical

education programs under the banner of several well-known brands, including

Universal Technical Institute (UTI), Motorcycle Mechanics Institute and

Marine Mechanics Institute (MMI), and NASCAR Technical Institute (NTI). For

more information, visit http://www.uti.edu.





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