ASPEN GROUP, INC. (NASDAQ:AZPN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02   Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 20, 2017, Aspen Group, Inc.’s Board of Directors approved increasing Janet Gill’s annual salary from $231,000 to $250,000, effective with the pay period beginning June 16, 2017. The approval was based upon recommendation of the Compensation Committee.

About ASPEN GROUP, INC. (NASDAQ:AZPN)

Aspen Technology, Inc. is a global provider of process optimization software solutions designed to manage and optimize plant and process design, operational performance, and supply chain planning. The Company’s aspenONE software and related services have been developed specifically for companies in the process industries, including the energy, chemicals, and engineering and construction industries. It operates through two segments, including subscription and software, which provides licensing of process optimization software solutions and associated support services, and services, which includes professional services and training. It has developed applications to design and optimize processes across the business areas, including engineering, manufacturing and supply chain. Its products include Aspen HYSYS, Aspen Economic Evaluation, Aspen Info Plus.21, Aspen PIMS Advanced Optimization, Aspen Collaborative Demand Manager and Aspen Supply Planner.

ASPEN GROUP, INC. (NASDAQ:AZPN) Recent Trading Information

ASPEN GROUP, INC. (NASDAQ:AZPN) closed its last trading session down -0.41 at 55.66 with 1,072,821 shares trading hands.