Universal Technical Institute CEO Jerome Grant's 2021 pay rises 9% to $2.2M
Universal Technical Institute reports 2021 executive compensation
By ExecPay News
Published: January 20, 2022
Universal Technical Institute reported fiscal year 2021 executive compensation information on January 20, 2022.
In 2021, five executives at Universal Technical Institute received on average a compensation package of $1.1M, a 9% increase compared to previous year.
Average pay of disclosed executives at Universal Technical Institute
Jerome A. Grant, Chief Executive Officer, received $2.2M in total, which increased by 9% compared to 2020. 54% of Grant's compensation, or $1.2M, was in stock awards. Grant also received $510K in non-equity incentive plan, $500K in salary, as well as $14K in other compensation.
Troy R. Anderson, Chief Financial Officer, received a compensation package of $1M, which decreased by 10% compared to previous year. 36% of the compensation package, or $373K, was in stock awards.
Sherrell E. Smith, Executive Vice President Campus Operations & Services, earned $1M in 2021, a 13% increase compared to previous year.
Todd A. Hitchcock, Senior Vice President and Chief Strategy and Transformation Officer, received $775K in 2021, which increases by 17% compared to 2020.
Lori B. Smith, Senior Vice President and Chief Information Technology Officer, earned $647K in 2021.
Universal Technical Institute's fiscal year ends on September 30.
Related executives
Jerome Grant
Universal Technical Institute
Chief Executive Officer
Troy Anderson
Universal Technical Institute
Chief Financial Officer
Sherrell Smith
Universal Technical Institute
Executive Vice President Campus Operations & Services
Lori Smith
Universal Technical Institute
Senior Vice President and Chief Information Technology Officer
Todd Hitchcock
Universal Technical Institute
Senior Vice President and Chief Strategy and Transformation Officer
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Source: SEC filing on January 20, 2022.