DeVry Education Group CEO Lisa Wardell's 2020 pay jumps 194% to $7M
DeVry Education Group reports 2020 executive compensation
By ExecPay News
Published: October 15, 2020
DeVry Education Group reported fiscal year 2020 executive compensation information on October 15, 2020.
In 2020, seven executives at DeVry Education Group received on average a compensation package of $2.6M, a 43% increase compared to previous year.
Lisa W. Wardell, Chief Executive Officer, received $7M in total, which increased by 194% compared to 2019. 40% of Wardell's compensation, or $2.8M, was in stock awards. Wardell also received $1.2M in non-equity incentive plan, $1.7M in option awards, $1.1M in salary, as well as $133K in other compensation.
For fiscal year 2020, the median employee pay was $55,192 at DeVry Education Group. Therefore, the ratio of Lisa W. Wardell's pay to the median employee pay was 126 to one.
Michael O. Randolfi, Chief Financial Officer, received a compensation package of $4.2M. 59% of the compensation package, or $2.5M, was in stock awards.
Stephen W. Beard, Chief Operating Officer, earned $2.2M in 2020, a 26% increase compared to previous year.
Kathy Boden Holland, Group President, received $1.9M in 2020, which increases by 5% compared to 2019.
Mehul R. Patel, Group President, earned $1.1M in 2020, a 20% decrease compared to previous year.
Karen S. Cox, President, Chamberlain University , received $1.1M in 2020.
Patrick J. Unzicker, Chief Financial Officer, earned $434K in 2020, a 74% decrease compared to previous year.
DeVry Education Group's fiscal year ends on June 30.
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