Aspen Group CFO Frank Cotroneo receives $1.3M in 2020
Aspen Group reports 2020 executive compensation
By ExecPay News
Published: November 9, 2020
Aspen Group reported fiscal year 2020 executive compensation information on November 9, 2020.
In 2020, four executives at Aspen Group received on average a compensation package of $908K, a 8% increase compared to previous year.
Average pay of disclosed executives at Aspen Group
Frank J. Cotroneo, Chief Financial Officer, received $1.3M in total. 88% of Cotroneo's compensation, or $1.1M, was in stock awards. Cotroneo also received $160K in salary.
Michael Mathews, Chief Executive Officer, received a compensation package of $945K, which is about the same as previous year. 50% of the compensation package, or $475K, was in stock awards.
Cheri St. Arnauld, Chief Academic Officer, earned $689K in 2020, a 13% decrease compared to previous year.
Gerard Wendolowski, Chief Operating Officer, received $689K in 2020, which decreases by 13% compared to 2019.
Aspen Group's fiscal year ends on April 30.
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Source: SEC filing on November 9, 2020.