How Shaw was paid
$4M in total for 2025, 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 |
|---|---|---|---|---|---|
| Scott M. ShawPresident and Chief Executive Officer | $650,000 | $2,200,000 | $1,134,688 | $15,029 | $3,999,717 |
| Brian K. MeyersExecutive Vice President, Chief Financial Officer and Treasurer | $440,000 | $1,000,000 | $576,072 | $13,099 | $2,029,171 |
| Chad D. NyceExecutive Vice President, Chief Operating Officer | $440,000 | $1,000,000 | $576,072 | $6,917 | $2,022,990 |
| Alexandra M. LusterSenior Vice President, General Counsel and Corporate Secretary | $308,227 | $125,000 | $269,032 | $6,763 | $709,022 |
| Stephen AceSenior Vice President, Chief Human Resources Officer | $300,000 | $125,000 | $261,851 | $8,435 | $695,286 |
What changed and why
- $4MCEO total compensation increased to $3,999,717 in fiscal 2025 from $2,557,645 in fiscal 2024.
- 70%Performance-based and long-term incentive compensation represent at least 70 percent of target total direct compensation.
- 15.2%Student starts grew by 15.2 percent excluding the Transitional segment.
- $67,134KAdjusted EBITDA reached $67,134 thousand for fiscal 2025.
- 94.5%Shareholders approved executive compensation with 94.5 percent support at the prior annual meeting.
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.