Aspen Group CEO Michael Mathews' 2022 pay jumps 96% to $1.3M
Aspen Group reports 2022 executive compensation
By ExecPay News
Published: November 3, 2022
Aspen Group reported fiscal year 2022 executive compensation information on November 3, 2022.
In 2022, four executives at Aspen Group received on average a compensation package of $995K, a 31% increase compared to previous year.
Michael Mathews, Chief Executive Officer, received $1.3M in total, which increased by 96% compared to 2021. 66% of Mathews' compensation, or $874K, was in stock awards. Mathews also received $347K in salary and $108K in other compensation.
Matthew LaVay, Chief Financial Officer, received a compensation package of $995K. 73% of the compensation package, or $725K, was in stock awards.
Gerard Wendolowski, Chief Operating Officer, earned $827K in 2022, a 56% increase compared to previous year.
Cheri St. Arnauld, Chief Academic Officer, received $827K in 2022, which increases by 56% compared to 2021.
Aspen Group's fiscal year ends on April 30.