leadership
confidence high
sentiment positive
materiality 0.65
UTI promotes Todd Hitchcock to COO, appoints Adrienne DeTray as CIO; completes exec team
UNIVERSAL TECHNICAL INSTITUTE INC
- Todd Hitchcock named COO effective March 31, 2025; he was EVP/Chief Strategy and Transformation Officer.
- Hitchcock's base salary raised to $500k; LTI awards increased to $800k for fiscal 2025.
- Adrienne DeTray appointed CIO, effective immediately; previously CIO at Adtalem Global Education.
- North Star strategy phase II targets ~10% revenue CAGR and ~20% Adjusted EBITDA margin by fiscal 2029.
- Q1 fiscal 2025 revenue, Adjusted EBITDA, and new student starts improved YoY; full-year guidance raised.