secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001193125-23-279806
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/0001193125-23-279806-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000119312523279806/d679197d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-279806

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