DeVry Education Group CEO Lisa Wardell's 2020 pay jumps 194% to $7.0M

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.
Average pay of disclosed executives at DeVry Education Group
Lisa W. Wardell, Chief Executive Officer, received $7M in total, which increased by 194% compared to 2019. 40.45% 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 $133.4K 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. 59.35% 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 $433.8K in 2020, a 74% decrease compared to previous year.
DeVry Education Group's fiscal year ends on June 30.

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Lisa Wardell

DeVry Education Group

Chief Executive Officer

Michael Randolfi

DeVry Education Group

Chief Financial Officer

Stephen Beard

DeVry Education Group

Chief Operating Officer

Kathy Holland

DeVry Education Group

Group President

Karen Cox

DeVry Education Group

President, Chamberlain University

Patrick Unzicker

DeVry Education Group

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Mehul Patel

DeVry Education Group

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Source: SEC filing on October 15, 2020.