---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-279806"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-07T23:48:18.288099+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Perdoceo appoints Todd Nelson CEO; Andrew Hurst resigns with $2.25M separation

## Summary
- Todd Nelson appointed President & CEO effective Nov 16; previously CEO 2015-2022 and Executive Chairman.
- Andrew Hurst resigned as CEO & director Nov 15; receives $2.25M cash separation plus 18 months COBRA subsidy.
- Gregory L. Jackson, Lead Independent Director, named Chairman of the Board.
- Board size decreased from 9 to 8 members following Hurst's departure.
- Company reaffirms full-year and Q4 2023 outlook as provided on Nov 2, 2023.

## SEC filing metadata
- accession: 0001193125-23-279806
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/0001193125-23-279806-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/d679197d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-279806
- JSON: https://secwatch.observer/filing/0001193125-23-279806.json
- Plain text: https://secwatch.observer/filing/0001193125-23-279806.txt

## Key facts
- Executive change
  Andrew Hurst resigned as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: On November 15, 2023, Andrew Hurst resigned as President and Chief Executive Officer of the Company and as a director of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/0001193125-23-279806-index.htm
- Executive change
  Gregory L. Jackson was named as Chairman of the Board at PERDOCEO EDUCATION Corp.
  - Action: named
  - Role: Chairman of the Board
  source text: Gregory L. Jackson, the Board’s current Lead Independent Director, was named Chairman of the Board, effective on the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/0001193125-23-279806-index.htm
- Executive change
  Todd Nelson was appointed as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On November 17, 2023, Perdoceo Education Corporation (the “ Company ”) announced that, effective November 16, 2023 (the “ Transition Date ”), Todd Nelson has been appointed as President and Chief Executive Officer of the Company and transitioned from his position of Executive Chairman of the Board of Directors (the “ Board ”) to fill such offices.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/0001193125-23-279806-index.htm

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