Poet Laureate of the United Kingdom office. Dryden's successor, Thomas Shadwell, was appointed in 1689 for life. He introduced the custom of producing poems for the new year and the monarch's birthday, which became one of the key duties of the position. After the appointment of William Wordsworth in 1843 the duties settled into an expectation, not requirement, for major court and national occasions. Alfred, Lord Tennyson held the post between November 1850 and October 1892. According to Andrew Motion and Hilary Laurie, Tennyson "gave the poet laureateship new status and significance" with works such as "Ode on the Death of the Duke of Wellington" and
Laureate International Universities of the biggest names in finance, including Henry Kravis, George Soros, Steve Cohen and Paul Allen". Laureate’s annual revenue is approximately $4 billion. The company holds $3.5 billion to $4.7 billion in debt. Moody's rated Laureate's corporate bonds as high-risk and characterized Laureate as highly leveraged. Laureate spends in excess of $200 million per year on advertising, including television commercials, online campaigns and billboards. There have been claims that "Laureate boosts revenue at struggling colleges by turbocharging enrollment, often without a parallel increase in academic investment." The Sylvan/Laureate Foundation was created in 1997 as a non-profit foundation to provide education,