Universal Technical Institute reports 2018 executive compensation

CEO Kimberly J. McWaters receives $1.3M

Universal Technical Institute reported fiscal year 2018 executive compensation information on January 14, 2019.

In 2018, six executives at Universal Technical Institute received on average a compensation package of $680,799, a 7% increase compared to previous year.

Average pay of disclosed executives at Universal Technical Institute

Kimberly J. McWaters, Chief Executive Officer, received $1,322,688 in total, which increased by 14% compared to 2017. 55.77% of McWaters' compensation, or $737,644, was in salary. McWaters also received $542,016 in stock awards and $43,028 in other compensation.

Jerome A. Grant, Chief Operating Officer, received a compensation package of $686,521. 49.30% of the compensation package, or $338,462, was in salary.

Sherrell E. Smith, Executive Vice President of Campus Operations & Services, earned $622,513 in 2018, a 9% increase compared to previous year.

Chad A. Freed, General Counsel, received $597,365 in 2018, which increases by 10% compared to 2017.

Bryce H. Peterson, Chief Financial Officer, earned $539,889 in 2018, a 1% increase compared to previous year.

Scott Yessner, Chief Financial Officer, received $315,816 in 2018.

Universal Technical Institute's fiscal year ends on September 30.