secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2022-01-20T23:59:59+00:00
Accession:  0001193125-22-013821
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo appoints Andrew Hurst as CEO; Todd Nelson becomes Executive Chairman
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/0001193125-22-013821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000119312522013821/d277470d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-013821

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer