---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-013821"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2022-01-20T23:59:59+00:00"
generated_at: "2026-06-27T16:42:46.615589+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Perdoceo appoints Andrew Hurst as CEO; Todd Nelson becomes Executive Chairman

## Summary
- Andrew Hurst appointed President & CEO, effective Jan 20, 2022; also joins Board.
- Todd Nelson transitions to Executive Chairman on full-time basis; Thomas Lally becomes Lead Director.
- Elise Baskel named Senior VP – Colorado Technical University, succeeding Hurst.
- Nelson's new compensation: base $700k, annual incentive target 125% of base, LTI target 300%.
- Hurst's compensation: base $550k, annual incentive target 85% of base, LTI target 200%.

## SEC filing metadata
- accession: 0001193125-22-013821
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2022-01-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/d277470d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-013821
- JSON: https://secwatch.observer/filing/0001193125-22-013821.json
- Plain text: https://secwatch.observer/filing/0001193125-22-013821.txt

## Key facts
- Executive change
  Andrew Hurst was appointed as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On the same date, the Company announced that Andrew Hurst, age 59, who is currently serving the Company as Senior Vice President – Colorado Technical University, has been appointed by the Board to serve as the Company’s President and Chief Executive Officer, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm
- Executive change
  Thomas Lally was appointed as Lead Director at PERDOCEO EDUCATION Corp.
  - Action: appointed
  - Role: Lead Director
  source text: Further, on the Transition Date, the Company announced that Thomas Lally, formerly the Company’s Chairman of the Board, has been appointed by the Board to serve as the Lead Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm
- Executive change
  Todd Nelson changed role as Executive Chairman of the Board of Directors at PERDOCEO EDUCATION Corp.
  - Action: transitioned
  - Role: Executive Chairman of the Board of Directors
  source text: On January 20, 2022, Perdoceo Education Corporation (the “ Company ”) announced that, effective January 20, 2022 (the “ Transition Date ”), Todd Nelson transitioned from his role as President and Chief Executive Officer of the Company to the role of Executive Chairman of the Board of Directors (the “ Board ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm
- Executive change
  Elise Baskel was appointed as Senior Vice President – Colorado Technical University at PERDOCEO EDUCATION Corp.
  - Action: appointed
  - Role: Senior Vice President – Colorado Technical University
  source text: In connection with the appointment of Mr. Hurst as President and Chief Executive Officer, the Board has appointed Elise Baskel, who is currently serving the Company as chief operating officer of Colorado Technical University, to serve as the Company’s Senior Vice President – Colorado Technical University.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.