Perdoceo Education corrects clerical error in executive bonus; details 2023 compensation

PERDOCEO EDUCATION Corp

Corrected bonus: Kline $240,670 (was $370,260); Baskel $227,500 (was $350,000).
Base salary increases effective March 1: Hurst $650K; Ghia $489.7K; Kline $388.8K; Baskel $386.75K; Jansen $388.5K.
AIP targets raised: Hurst from 85% to 100% of salary; Ghia from 80% to 90%.
Retention awards: Kline $240,670 and Baskel $227,500 in two installments; Jansen $60,000.
2023 AIP switches performance measure from adjusted EBITDA to adjusted operating income.

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