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Companies Perdoceo Education

Perdoceo Education (PRDO): executive pay, fiscal 2025

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CEO total pay$5,473,723CEO Todd Nelson · source
Say-on-pay support97.93%Latest vote · source
CEO vs. named peers54th pct.Of 14 peer CEOs

CEO pay, last three years

  • $4,504,386FY2023
  • $6,725,760FY2024
  • $5,473,723FY2025

CEO total pay was $5,473,723 in fiscal 2025, down from $6,725,760 in fiscal 2024.

FY2025: salary $835,192 · bonus $0 · stock awards $2,287,577 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Perdoceo Education in fiscal 2025?
As disclosed, Todd Nelson (President & Chief Executive Officer) was the highest-paid executive at Perdoceo Education in fiscal 2025, with total compensation of $5,473,723.
How does Perdoceo Education's chief executive pay compare to its disclosed peer group?
As disclosed, Todd Nelson's total compensation ranked at the 54th percentile of Perdoceo Education's disclosed peer group.
How did shareholders vote on Perdoceo Education's executive compensation?
As disclosed, 97.93% of shareholders supported Perdoceo Education's executive compensation in the latest say-on-pay vote.
How much does Perdoceo Education spend in total on board compensation for fiscal 2025?
As disclosed, Perdoceo Education reported total board compensation of $2,141,795 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Todd Nelson$835,192$0$2,287,577$0$2,125,000$0$225,954$5,473,723
President & Chief Executive Officer
Ashish Ghia502,9610818,4520912,348075,7552,309,516
Senior Vice President, Chief Financial Officer & Treasurer
John Kline397,356140,357449,0390520,567055,3081,562,627
Senior Vice President—American InterContinental University System
Greg Jansen404,94441,200462,0030535,600054,8811,498,628
Senior Vice President, General Counsel & Corporate Secretary
Elise Baskel397,91540,100449,6870521,300052,3681,461,370
Senior Vice President – Colorado Technical University

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Todd Nelson$5,473,723$6,725,760$4,504,386↓ −1,252,037
Ashish Ghia2,309,5163,405,2872,290,706↓ −1,095,771
John Kline1,562,6271,515,1591,435,182↑ +47,468
Greg Jansen1,498,6282,104,0181,614,425↓ −605,390
Elise Baskel1,461,3701,495,5281,534,471↓ −34,158

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is to attract, motivate, and retain highly qualified executives by providing competitive compensation that aligns with the Company's business objectives and stockholder interests.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPay Governance
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Greg JansenRSU2025-03-06——9,266—$231,001
Elise BaskelRSU2025-03-06——9,019—224,844
Todd NelsonRSU2025-03-06——45,880—1,143,788
John KlineRSU2025-03-06——9,006—224,520
Ashish GhiaRSU2025-03-06——16,415—409,226
John KlinePSU2025-03-064,5039,006—18,012224,520
Greg JansenPSU2025-03-064,6339,266—18,532231,001
Ashish GhiaPSU2025-03-068,20816,415—32,830409,226
Todd NelsonPSU2025-03-0622,94045,880—91,7601,143,788
Elise BaskelPSU2025-03-064,5109,019—18,038224,844

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Greg Jansen$231,001$231,001$050.0%
Elise Baskel224,844224,844050.0%
Todd Nelson1,143,7881,143,788050.0%
John Kline224,520224,520050.0%
Ashish Ghia409,226409,226050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Elise BaskelRSU5,111—$149,906
Greg JansenRSU5,403—158,470
John KlineRSU5,407—158,587
Ashish GhiaRSU7,628—223,729
Elise BaskelRSU8,418—246,900
Greg JansenRSU8,456—248,014
John KlineRSU8,462—248,190
John KlineRSU9,006—264,146
John KlinePSU9,006—264,146
Elise BaskelRSU9,019—264,527
Elise BaskelPSU9,019—264,527
Greg JansenRSU9,266—271,772
Greg JansenPSU9,266—271,772
Elise BaskelRSU10,173—298,374
Greg JansenRSU10,219—299,723
John KlineRSU10,226—299,929
Elise BaskelPSU13,564—397,832
Greg JansenPSU13,626—399,651
John KlinePSU13,635—399,915
Ashish GhiaRSU13,646—400,237
Ashish GhiaRSU16,415—481,452
Ashish GhiaPSU16,415—481,452
Elise BaskelPSU16,838—493,859
Greg JansenPSU16,914—496,088
John KlinePSU16,926—496,440
Ashish GhiaRSU17,066—500,546
Ashish GhiaPSU22,755—667,404
Todd NelsonRSU24,533—719,553
Ashish GhiaPSU27,290—800,416
Todd NelsonRSU36,570—1,072,598
Todd NelsonRSU45,880—1,345,660
Todd NelsonPSU45,880—1,345,660
Todd NelsonRSU50,505—1,481,312
Todd NelsonPSU67,340—1,975,082
Todd NelsonPSU73,140—2,145,196
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gregory L. JacksonIndependent · Board Chair · Compensation · Nominating and Governance$180,000$158,413——$3,941$342,354
Kenda B. GonzalesIndependent · Audit (Chair) · Compliance and Risk105,000158,413——3,941267,354
Leslie T. ThorntonIndependent · Audit · Compliance and Risk · Nominating and Governance (Chair)100,000158,413——3,941262,354
Patrick W. GrossIndependent · Audit · Compensation · Compliance and Risk (Chair)100,000158,413——3,941262,354
William D. HansenIndependent · Compensation (Chair) · Nominating and Governance100,000158,413——3,941262,354
Hanna SkanderaIndependent · Audit · Compliance and Risk · Newly elected72,584187,733——0260,317
Dennis H. ChookaszianIndependent · Audit · Compliance and Risk · Nominating and Governance80,000158,413——3,941242,354
Alan D. WheatIndependent · Compensation · Nominating and Governance80,000158,413——3,941242,354
Todd S. NelsonEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$140,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline$400,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$817,584
Equity awards (grant-date value)$1,296,624
All other compensation$27,587
Total cost of the board$2,141,795

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Perdoceo Education as a peer

Companies that benchmark against PRDO

8 companies name PRDO as a compensation peer

Each company listed discloses PRDO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PRDO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Perdoceo Education names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Perdoceo Education.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Stride, Inc.2026James Rhyu$1,000,000$20,178,768$0$1,271,271$22,466,332
2WW International, Inc.2025Tara Comonte1,500,0015,901,4500012,681,801
3Skillsoft Corp.2026Ronald Hovsepian772,5005,049,70106,579,37512,425,228
4Huron Consulting Group, Inc.2025C. Mark Hussey1,021,8754,612,52501,515,9757,198,354
5Heidrick & Struggles International, Inc.2024Thomas Monahan900,0004,233,37601,482,4076,636,483
6Strategic Education, Inc.2025Karl McDonnell1,018,0093,250,00001,393,5585,672,067
7Perdoceo Education2025Todd Nelson835,1922,287,57702,125,0005,473,723
8Kforce, Inc.2025Joseph Liberatore925,0003,217,50401,029,0635,415,821
9Universal Technical Institute, Inc.2025Jerome Grant723,0773,506,0700874,9235,149,264
10American Public Education, Inc.2025Angela Selden838,8463,103,87401,045,3155,063,608
11Chegg, Inc.2025Dan Rosensweig850,0004,070,000004,934,000
12Lincoln Educational Services Corporation2025Scott Shaw650,0002,200,00001,134,6883,999,717
13Grand Canyon Education, Inc.2025Brian Mueller321,0001,211,6680481,5002,020,867
14Graham Holding Company2026Matthew Malone462,769600,0040636,3081,809,120
—Adtalem Global Education Inc.——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Perdoceo Educationnot disclosedRSU 50 · PSU 50not disclosedPay Governance
Adtalem Global Education Inc.not disclosednot disclosednot disclosednot disclosed
American Public Education, Inc.not disclosedRSU 50 · PSU 50NoWillis Towers Watson (WTW)
Chegg, Inc.not disclosedPSU 70 · RSU 30NoAon
Graham Holding Companynot disclosedRSU 50 · PSU 50not disclosedFrederic W. Cook & Co., Inc.
Grand Canyon Education, Inc.150%RSU 100not disclosedMercer
Heidrick & Struggles International, Inc.not disclosedPSU 50 · RSU 50not disclosedSemler Brossy
Huron Consulting Group, Inc.not disclosedPSU 70 · RSU 30not disclosedMercer (US) LLC
Kforce, Inc.89%RSU 100Yes — Three-year TSR performance relative to Performance Peer GroupPay Governance LLC
Lincoln Educational Services Corporation174.6%RSU 50 · PSU 50NoGrant Thornton Advisors LLC
Skillsoft Corp.75%not disclosedNoAon's Human Capital Solutions Practice
Strategic Education, Inc.108.8%RSU 100not disclosedEquilar, Inc.
Stride, Inc.64%PSU 60 · RSU 40NoCompensia
Universal Technical Institute, Inc.121%RSU 50 · PSU 50NoPearl Meyer
WW International, Inc.not disclosednot disclosednot disclosedLyons, Benenson & Company Inc.

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2153,091,2011,058,31262,19697.93%Passed
20252025-05-2253,991,6461,836,28994,87296.55%Passed
20242024-05-2351,573,5371,768,833185,32196.35%Passed
20232023-05-2552,228,195723,949209,03298.24%Passed
20222022-05-2653,100,8191,013,466133,68997.89%Passed
20212021-06-0353,017,027787,476295,28498%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-2197.93%a
20252025-05-2296.55%b
20242024-05-2396.35%c

a. Approved under the standard stated in the filing — “Abstentions are treated as shares present and not voting, so abstaining has the same effect as a vote "AGAINST" this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions are treated as shares present and not voting, so abstaining has the same effect as a vote "AGAINST" this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions are treated as shares present and not voting, so abstaining has the same effect as a vote "AGAINST" this proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (55 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Todd Nelson. DEF 14A, filed 2026-04-09. Section “Compensation Tables” · page 35. As printed: 5,473,723. View filing ↗
  • Section 01, Ashish Ghia. DEF 14A, filed 2026-04-09. Section “Compensation Tables” · page 35. As printed: 2,309,516. View filing ↗
  • Section 01, John Kline. DEF 14A, filed 2026-04-09. Section “Compensation Tables” · page 35. As printed: 1,562,627. View filing ↗
  • Section 01, Greg Jansen. DEF 14A, filed 2026-04-09. Section “Compensation Tables” · page 35. As printed: 1,498,628. View filing ↗
  • Section 01, Elise Baskel. DEF 14A, filed 2026-04-09. Section “Compensation Tables” · page 35. As printed: 1,461,370. View filing ↗
  • Section 03, Greg Jansen RSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Elise Baskel RSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Nelson RSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kline RSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Ashish Ghia RSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Kline PSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Greg Jansen PSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Ashish Ghia PSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Nelson PSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Elise Baskel PSU. DEF 14A, filed 2026-04-09. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 08, Gregory L. Jackson. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 342,354. View filing ↗
  • Section 08, Kenda B. Gonzales. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 267,354. View filing ↗
  • Section 08, Leslie T. Thornton. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 262,354. View filing ↗
  • Section 08, Patrick W. Gross. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 262,354. View filing ↗
  • Section 08, William D. Hansen. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 262,354. View filing ↗
  • Section 08, Hanna Skandera. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 260,317. View filing ↗
  • Section 08, Dennis H. Chookaszian. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 242,354. View filing ↗
  • Section 08, Alan D. Wheat. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 242,354. View filing ↗
  • Section 08, Todd S. Nelson. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-27. Item 5.07 · say-on-pay result. As reported: 97.93% (votes for as printed: 53,091,201). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-29. Item 5.07 · say-on-pay result. As reported: 96.55% (votes for as printed: 53,991,646). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-24. Item 5.07 · say-on-pay result. As reported: 96.35% (votes for as printed: 51,573,537). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 817,584 + equity 1,296,624 + all other 27,587 = 2,141,795, summed across the director compensation table rows.
  • Stride, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-27. CEO total compensation as printed in Stride, Inc.'s own proxy. As printed: 22,466,332. View filing ↗
  • WW International, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in WW International, Inc.'s own proxy. As printed: 12,681,801. View filing ↗
  • Skillsoft Corp., Section 10b CEO total. DEF 14A, filed 2026-05-08. CEO total compensation as printed in Skillsoft Corp.'s own proxy. As printed: 12,425,228. View filing ↗
  • Huron Consulting Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Huron Consulting Group, Inc.'s own proxy. As printed: 7,198,354. View filing ↗
  • Heidrick & Struggles International, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-11. CEO total compensation as printed in Heidrick & Struggles International, Inc.'s own proxy. As printed: 6,636,483. View filing ↗
  • Strategic Education, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Strategic Education, Inc.'s own proxy. As printed: 5,672,067. View filing ↗
  • Perdoceo Education (subject), Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Perdoceo Education's own proxy. As printed: 5,473,723. View filing ↗
  • Kforce, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Kforce, Inc.'s own proxy. As printed: 5,415,821. View filing ↗
  • Universal Technical Institute, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-20. CEO total compensation as printed in Universal Technical Institute, Inc.'s own proxy. As printed: 5,149,264. View filing ↗
  • American Public Education, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in American Public Education, Inc.'s own proxy. As printed: 5,063,608. View filing ↗
  • Chegg, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Chegg, Inc.'s own proxy. As printed: 4,934,000. View filing ↗
  • Lincoln Educational Services Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Lincoln Educational Services Corporation's own proxy. As printed: 3,999,717. View filing ↗
  • Grand Canyon Education, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Grand Canyon Education, Inc.'s own proxy. As printed: 2,020,867. View filing ↗
  • Graham Holding Company, Section 10b CEO total. DEF 14A, filed 2026-07-14. CEO total compensation as printed in Graham Holding Company's own proxy. As printed: 1,809,120. View filing ↗
  • Section 10a, Huron Consulting Group, Inc. reciprocity. DEF 14A. Huron Consulting Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
  • Section 10a, Heidrick & Struggles International, Inc. reciprocity. DEF 14A. Heidrick & Struggles International, Inc.'s most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
  • Section 10a, Chegg, Inc. reciprocity. DEF 14A. Chegg, Inc. names Perdoceo Education in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Grand Canyon Education, Inc. reciprocity. DEF 14A. Grand Canyon Education, Inc.'s most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
  • Section 10a, Stride, Inc. reciprocity. DEF 14A. Stride, Inc.'s most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
  • Section 10a, Strategic Education, Inc. reciprocity. DEF 14A. Strategic Education, Inc. names Perdoceo Education in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, American Public Education, Inc. reciprocity. DEF 14A. American Public Education, Inc. names Perdoceo Education in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Universal Technical Institute, Inc. reciprocity. DEF 14A. Universal Technical Institute, Inc. names Perdoceo Education in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Lincoln Educational Services Corporation reciprocity. DEF 14A. Lincoln Educational Services Corporation names Perdoceo Education in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Kforce, Inc. reciprocity. DEF 14A. Kforce, Inc.'s most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
  • Section 10a, Graham Holding Company reciprocity. DEF 14A. Graham Holding Company's most recent proxy was read; its disclosed peer group does not include Perdoceo Education. View filing ↗
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