Sundar PichaiSundar Pichai earned $164M in 2023
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Todd Nelson

CEO of Perdoceo Education

Field of Expertise

Other - Education

Economy Sector

Consumer Defensive

Current Tenure

1 year 3 months (Nov 2023 - Present)

Previous Experience

Unknown

Todd Nelson is the President and CEO of Perdoceo Education Corporation. He has worked in the education sector for several years and has seen many changes in the companies he led. Born on November 10, 1959, he returned to his...

Year

2023

Total Compensation

$2.97M

Salary

$800.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, ensuring competitive pay to attract and retain talent while rewarding strong performance.

Bonus

$875.00K

Board Justification

Annual incentive target value of 125% of base salary, based on company-wide adjusted operating income performance and individual performance goals, with a payout of 200% for 2023.

Other

$6.60K

Board Justification

Includes the Company's matching 401(k) plan contribution for 2023.

Restricted Stock

$1.28M(73.14K RSU)

Board Justification

Time-based restricted stock units that vest in four equal annual installments, with the first installment vesting on March 14, 2024.

Performance Metrics

The performance metrics for 2023 included adjusted operating income as the primary measure for annual and long-term incentives.