How Nelson was paid
$5.5M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Todd S. NelsonPresident & Chief Executive Officer | $835,192 | — | $2,287,577 | $2,125,000 | $225,954 | $5,473,723 |
| Ashish R. GhiaSenior Vice President, Chief Financial Officer & Treasurer | $502,961 | — | $818,452 | $912,348 | $75,755 | $2,309,516 |
| Elise L. BaskelSenior Vice President – Colorado Technical University | $397,915 | $40,100 | $449,687 | $521,300 | $52,368 | $1,461,370 |
| Greg E. JansenSenior Vice President, General Counsel & Corporate Secretary | $404,944 | $41,200 | $462,003 | $535,600 | $54,881 | $1,498,628 |
| John R. KlineSenior Vice President—American InterContinental University System | $397,356 | $140,357 | $449,039 | $520,567 | $55,308 | $1,562,627 |
What changed and why
- $5.5MTodd S. Nelson received total compensation of $5,473,723 in fiscal 2025 compared to $6,725,760 in fiscal 2024.
- 97%The 2025 Say-on-Pay proposal was approved by approximately 97% of the shares present and entitled to vote.
- The company awarded special one-time payments in November 2025 to select named executive officers.
- Performance-based restricted stock units vest based on achievement of a two-year performance measure with a year three modifier.
- The CEO-to-median-employee pay ratio was 160.6 for mandated employees and 97.6 for supplemental employees.
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.