Universal Technical Institute Management

Management criteria checks 2/4

Universal Technical Institute's CEO is Jerome Grant, appointed in Nov 2019, has a tenure of 4.42 years. total yearly compensation is $2.97M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth €2.79M. The average tenure of the management team and the board of directors is 4.3 years and 5.7 years respectively.

Key information

Jerome Grant

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage	19.5%
CEO tenure	4.4yrs
CEO ownership	0.4%
Management average tenure	4.3yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jerome Grant's remuneration changed compared to Universal Technical Institute's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$10m
Sep 30 2023	US$3m	US$581k	US$5m
Jun 30 2023	n/a	n/a	US$1m
Mar 31 2023	n/a	n/a	US$3m
Dec 31 2022	n/a	n/a	US$5m
Sep 30 2022	US$2m	US$519k	US$13m
Jun 30 2022	n/a	n/a	US$19m
Mar 31 2022	n/a	n/a	US$21m
Dec 31 2021	n/a	n/a	US$14m
Sep 30 2021	US$2m	US$500k	US$6m
Jun 30 2021	n/a	n/a	US$3m
Mar 31 2021	n/a	n/a	-US$14m
Dec 31 2020	n/a	n/a	-US$469k
Sep 30 2020	US$2m	US$487k	US$2m
Jun 30 2020	n/a	n/a	US$2m
Mar 31 2020	n/a	n/a	US$15m
Dec 31 2019	n/a	n/a	-US$2m
Sep 30 2019	US$443k	US$402k	-US$13m
Jun 30 2019	n/a	n/a	-US$30m
Mar 31 2019	n/a	n/a	-US$41m
Dec 31 2018	n/a	n/a	-US$45m
Sep 30 2018	US$749k	US$338k	-US$38m

Compensation vs Market: Jerome's total compensation ($USD2.97M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Jerome's compensation has increased by more than 20% in the past year.

CEO

Jerome Grant (60 yo)

4.4yrs

Tenure

US$2,971,390

Compensation

Mr. Jerome A. Grant has been Chief Executive Officer and Director of Universal Technical Institute, Inc. since November 1, 2019. Mr. Grant had been Chief Operating Officer and Executive Vice President at U...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jerome Grant	CEO & Director	4.4yrs	US$2.97m	0.38% $ 2.8m
Troy Anderson	Executive VP & CFO	4.6yrs	US$1.49m	0.16% $ 1.2m
Christopher Kevane	Executive VP	4.1yrs	US$1.04m	0.088% $ 646.1k
Sherrell Smith	Executive VP & Chief Academic Officer	6yrs	US$1.11m	0.49% $ 3.6m
Todd Hitchcock	Executive VP and Chief Strategy & Transformation Officer	4.3yrs	US$1.03m	0.081% $ 593.4k
Christine Kline	VP & Chief Accounting Officer	less than a year	no data	0.015% $ 111.4k
Matthew Kempton	Vice President of Corporate Finance	3.3yrs	no data	no data
Lori Smith	Senior VP & Chief Information Officer	4.3yrs	US$742.24k	0.10% $ 754.9k
Jody Kent	Vice President of Communications & Public Affairs	no data	no data	no data
Carolyn Frank	Senior VP & Chief Human Resources Officer	less than a year	no data	no data
Eric Severson	Senior Vice President of Admissions	5.8yrs	US$658.02k	0.056% $ 412.2k
Bart Fesperman	Senior VP & Chief Commercial Officer	3.7yrs	US$738.34k	0.035% $ 259.9k

4.3yrs

Average Tenure

56yo

Average Age

Experienced Management: UTI's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jerome Grant	CEO & Director	4.4yrs	US$2.97m	0.38% $ 2.8m
Linda Srere	Independent Director	19.2yrs	US$158.00k	0.25% $ 1.8m
Kenneth Trammell	Independent Director	12.8yrs	US$165.00k	0.24% $ 1.7m
Robert DeVincenzi	Independent Non-Executive Chairman	7yrs	US$264.00k	0.23% $ 1.7m
William Lennox	Independent Director	10.3yrs	US$156.00k	0.22% $ 1.6m
George Brochick	Independent Director	4.1yrs	US$147.00k	0.080% $ 584.9k
Michael Slubowski	Independent Director	1.1yrs	US$76.70k	0.024% $ 174.4k
Christopher Shackelton	Director	7.8yrs	US$125.00k	no data
Shannon Okinaka	Independent Director	2.1yrs	US$133.00k	0.041% $ 298.9k
Loretta Sanchez	Independent Director	2.9yrs	US$133.00k	0.037% $ 272.6k

5.7yrs

Average Tenure

62.5yo

Average Age

Experienced Board: UTI's board of directors are considered experienced (5.7 years average tenure).

Universal Technical Institute Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold €121k worth of stock

Universal Technical Institute, Inc. Announces Executive Changes

Universal Technical Institute, Inc., Annual General Meeting, Mar 07, 2024

Universal Technical Institute, Inc. Appoints Christopher Shackelton as Class III Director

Universal Technical Institute, Inc. Appoints Christine Kline to the Position of Chief Accounting Officer, Effective December 4, 2023

Independent Director recently sold €61k worth of stock

Recent updates

Independent Director recently sold €121k worth of stock

Universal Technical Institute, Inc. Announces Executive Changes

Federal Aviation Administration Approves Universal Technical Institute-Miramar's Airframe and Powerplant Technician Program

Federal Aviation Administration Approves Universal Technical Institute-Miramar's Airframe and Powerplant Technician Program

First quarter 2024 earnings released: EPS: US$0.18 (vs US$0.025 in 1Q 2023)

Universal Technical Institute, Inc., Annual General Meeting, Mar 07, 2024

New major risk - Shareholder dilution

Universal Technical Institute, Inc. Appoints Christopher Shackelton as Class III Director

Universal Technical Institute, Inc. Appoints Christine Kline to the Position of Chief Accounting Officer, Effective December 4, 2023

Universal Technical Institute, Inc. Provides Earnings Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.13 (vs US$0.39 in FY 2022)

Independent Director recently sold €61k worth of stock

Universal Technical Institute, Inc. Provides Revenue Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: US$0.052 loss per share (vs US$0.014 loss in 3Q 2022)

Universal Technical Institute, Inc. Provides Revenue Guidance for the Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.041 (vs US$0.11 in 2Q 2022)

Universal Technical Institute, Inc. Reiterates Earnings Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$0.041 (vs US$0.25 in 1Q 2022)

Universal Technical Institute, Inc. Reiterates Earnings Guidance for the Full Year 2023

Universal Technical Institute, Inc. to Report Q1, 2023 Results on Feb 08, 2023

Universal Technical Institute, Inc., Annual General Meeting, Mar 02, 2023

Universal Technical Institute, Inc. Provides Revenue Guidance for the Full Year 2023

Full year 2022 earnings released: EPS: US$0.58 (vs US$0.17 in FY 2021)

Universal Technical Institute, Inc. (NYSE : UTI) completed the acquisition of Concorde Career Colleges, Inc. from Liberty Partners, L.P.

Universal Technical Institute, Inc. Affirms Earnings Guidance for the Full Fiscal Year Ended September 30, 2022

Investor sentiment deteriorated over the past week

Universal Technical Institute, Inc. Appoints Robert Burnfield as Its First Campus President

Third quarter 2022 earnings released: US$0.014 loss per share (vs US$0.031 profit in 3Q 2021)

Universal Technical Institute, Inc. Updates Earnings Guidance for the Fiscal Year Ending September 30, 2022

Universal Technical Institute, Inc. to Report Q3, 2022 Results on Aug 03, 2022

Universal Technical Institute Adds 15 New Programs in Transportation and Skilled Trades Across Its National UTI/MIAT Campus Footprint

CEO & Director recently sold €384k worth of stock

Second quarter 2022 earnings released: EPS: US$0.18 (vs US$0.087 loss in 2Q 2021)

Universal Technical Institute, Inc. Updates Financial Guidance for the Full Year Ending September 30, 2022

Universal Technical Institute, Inc. to Report Q2, 2022 Results on May 04, 2022

Universal Technical Institute Appoints Timothy Dauber as Campus President

Investor sentiment improved over the past week

Universal Technical Institute, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of Fiscal 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS US$0.28 (vs US$0.054 in FY 2020)

Universal Technical Institute, Inc. Provides Earnings Guidance for the Year 2021

Third quarter 2021 earnings released: EPS US$0.091 (vs US$0.45 loss in 3Q 2020)

Universal Technical Institute, Inc.(NYSE:UTI) dropped from Russell 3000E Value Index

Second quarter 2021 earnings released: US$0.087 loss per share (vs US$0.36 profit in 2Q 2020)

Universal Technical Institute, Inc. Provides Earnings Guidance for the Year 2021

Universal Technical Institute to Become the Inaugural American School Counselor Association National Alliance Partner

Universal Technical Institute, Inc. to Report Q1, 2021 Results on Feb 05, 2021

Universal Technical Institute, Inc., Annual General Meeting, Feb 24, 2021

Universal Technical Institute Announces the Purchase of its Avondale, Arizona Campus and Optimization Initiatives at Campuses in Arizona and Florida

New 90-day high: €5.50

Full year 2020 earnings released: EPS US$0.054

Revenue misses expectations

Universal Technical Institute, Inc. Announces Board Changes

Full year 2020 earnings released: EPS US$0.092

Revenue misses expectations

Market bids up stock over the past week

Universal Technical Institute, Inc. to Report Q4, 2020 Results on Nov 18, 2020

New 90-day low: €4.18

Universal Technical Institute Announces Executive Changes

Universal Technical Institute Launches Blended Learning Development Initiative

New 90-day low: €5.40

New 90-day low - €5.50

New 90-day high - €6.70

Universal Technical Institute, Inc. to Report Q3, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation