How Beard was paid
$19M in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Stephen W. BeardChairman and Chief Executive Officer | $1,000,000 | $15,999,916 | $1,810,078 | $206,424 | $19,016,418 |
| Robert J. PhelanSenior Vice President and Chief Financial Officer | $555,077 | $1,375,121 | $514,662 | $25,425 | $2,470,285 |
| Douglas G. BeckSenior Vice President, General Counsel, Corporate Secretary and Institutional Support Services | $540,972 | $669,981 | $482,785 | $79,127 | $1,772,865 |
| Michael BetzChief Growth & Innovation Officer and President, Walden University | $696,923 | $1,799,949 | $958,649 | $121,129 | $3,576,650 |
| Scott LilesPresident, Medical & Veterinary | $542,346 | $843,747 | $665,353 | $58,678 | $2,110,124 |
What changed and why
- $19M$19,016,418 CEO total compensation increased from $17,244,988 in fiscal 2025.
- $16M$15,999,916 of CEO compensation came from stock awards, including annual RSUs and PSUs.
- $1.8M$1,810,078 in CEO non-equity incentive compensation reflected fiscal 2026 MIP performance.
- $32M$31,999,832 was the maximum-performance grant-date value of the CEO’s 2026 PSU award.
- 0%PSUs measured three-year revenue growth and adjusted EBITDA margin, with payouts ranging from 0% to 200% of target.
- 412:1 was the fiscal 2026 CEO-to-median-employee pay ratio.
Other Covista proxy statements
- 2025 proxy statement
Stephen W. Beard paid $17.2M (+21% on the year), pay ratio 341:1.
Filed Oct 02, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.