UTI · Universal Technical Institute Inc

$42.37 +0.14 (+0.33%) At close · Aug 5

Market Cap

$2.33B

55.06M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$723,077	—	$3,506,070	—	$874,923	$45,195	$5,149,264
Todd Hitchcock	COO	$473,077	—	$959,772	—	$372,075	$32,735	$1,837,659
Bruce Schuman	CFO	$246,635	—	$979,410	—	$373,588	$23,302	$1,622,934
Christopher Kevane	Executive Vice President, Chief Legal Officer	$421,923	—	$599,851	—	$331,843	$44,260	$1,397,876
Christine Kline	CFO	$367,308	—	$599,851	—	$363,477	$23,079	$1,353,715
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$479,886	—	$320,892	$32,596	$1,241,373
Troy Anderson	CFO	$25,962	—	—	—	—	$1,643	$27,605

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$629,038	—	$2,085,201	—	$747,500	$29,509	$3,491,248
Troy Anderson	CFO	$438,077	—	$760,819	—	$0	$27,243	$1,226,139
Sherrell Smith	Executive Vice President, Chief Academic Officer	$403,292	—	$422,679	—	$304,980	$21,636	$1,152,587
Christopher Kevane	Executive Vice President, Chief Legal Officer	$391,346	—	$422,679	—	$299,000	$31,615	$1,144,640
Todd Hitchcock	Executive Vice President, Chief Operating Officer	$391,346	—	$422,679	—	$299,000	$22,537	$1,135,562
Christine Kline	CFO	—	—	—	—	—	—	—
Bruce Schuman	CFO	—	—	—	—	—	—	—

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$580,769	—	$1,500,000	—	$864,000	$26,621	$2,971,390
Troy Anderson	CFO	$418,269	—	$650,000	—	$397,800	$22,917	$1,488,986
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$350,000	—	$334,152	$18,495	$1,110,647
Christopher Kevane	Executive Vice President, Chief Legal Officer	$375,577	—	$300,000	—	$332,640	$28,222	$1,036,439
Todd Hitchcock	Executive Vice President, Chief Operating Officer	$374,231	—	$300,000	—	$332,640	$21,734	$1,028,605
Bruce Schuman	CFO	—	—	—	—	—	—	—
Christine Kline	CFO	—	—	—	—	—	—	—

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$519,231	—	$955,000	—	$388,980	$23,072	$1,886,283
Troy Anderson	CFO	$410,673	—	$500,000	—	$238,005	$22,225	$1,170,903
Sherrell Smith	Executive Vice President, Chief Academic Officer	$423,692	—	$262,500	—	$242,763	$17,693	$946,648
Christopher Kevane	Executive Vice President, Chief Legal Officer	$360,096	—	$262,500	—	$192,255	$24,505	$839,356
Bartley H. Fesperman	Senior Vice President, Chief Commercial Officer	$355,577	—	$168,000	—	$189,510	$25,253	$738,340
Todd Hitchcock	Executive Vice President, Chief Operating Officer	$355,577	—	$168,000	—	$189,510	$24,505	$737,592

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$500,000	—	$1,191,989	—	$510,000	$13,725	$2,215,714
Troy Anderson	CFO	$365,000	—	$372,692	—	$284,700	$17,341	$1,039,733
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$287,382	—	$318,240	$11,960	$1,025,582
Todd Hitchcock	Executive Vice President, Chief Operating Officer	$325,000	—	$183,719	—	$234,000	$32,721	$775,440
Lori B. Smith	Senior Vice President, Chief Information Officer	$269,385	—	$173,389	—	$195,120	$9,253	$647,147
Bartley H. Fesperman	Senior Vice President, Chief Commercial Officer	—	—	—	—	—	—	—
Christopher Kevane	General Counsel	—	—	—	—	—	—	—

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerome Grant	CEO	$486,923	—	$1,139,684	—	$311,250	$97,222	$2,035,079
Kimberly J. McWaters	CEO	$96,461	—	—	—	$186,377	$1,225,817	$1,508,665
Troy Anderson	CFO	$357,981	—	$469,788	—	$142,350	$186,526	$1,156,645
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$276,342	—	$205,995	$16,691	$907,028
Todd Hitchcock	Executive Vice President, Chief Operating Officer	$316,817	—	$176,870	—	$117,000	$50,852	$661,531
Eric A. Severson	Senior Vice President, Admissions	$300,000	—	$176,870	—	$108,000	$73,151	$658,021
Piper Jameson	Former Executive Vice President and Chief Marketing Officer	$110,596	—	—	—	$95,333	$216,576	$422,505
Christopher Kevane	General Counsel	—	—	—	—	—	—	—
Bartley H. Fesperman	Senior Vice President, Chief Commercial Officer	—	—	—	—	—	—	—
Lori B. Smith	Senior Vice President, Chief Information Officer	—	—	—	—	—	—	—

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kimberly J. McWaters	CEO	$740,481	—	—	—	$254,400	$52,108	$1,046,989
Scott Yessner	CFO	$810,450	—	—	—	$50,000	$24,813	$885,263
Sherrell Smith	Executive Vice President, Chief Academic Officer	$409,569	—	—	—	$79,500	$48,021	$537,090
Piper Jameson	Former Executive Vice President and Chief Marketing Officer	$356,365	—	—	—	$46,375	$49,404	$452,144
Jerome Grant	CEO	$401,539	—	—	—	—	$40,979	$442,518
Eric A. Severson	Senior Vice President, Admissions	$300,000	—	—	—	—	$95,820	$395,834
Troy Anderson	CFO	$8,423	—	—	—	—	$3,831	$12,254
Todd Hitchcock	Executive Vice President, Chief Operating Officer	—	—	—	—	—	—	—
Lori B. Smith	Senior Vice President, Chief Information Officer	—	—	—	—	—	—	—

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kimberly J. McWaters	CEO	$737,644	—	$542,016	—	—	$43,028	$1,322,688
Jerome Grant	CEO	$338,462	—	$238,760	—	—	$109,299	$686,521
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$169,383	—	—	$45,130	$622,513
Piper Jameson	Former Executive Vice President and Chief Marketing Officer	$355,000	—	$125,003	—	—	$46,282	$526,285
Scott Yessner	CFO	$307,500	—	—	—	—	$8,316	$315,816
Todd Hitchcock	Executive Vice President, Chief Operating Officer	—	—	—	—	—	—	—
Troy Anderson	CFO	—	—	—	—	—	—	—

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kimberly J. McWaters	CEO	$737,644	—	$177,211	—	—	$45,554	$960,409
Sherrell Smith	Executive Vice President, Chief Academic Officer	$408,000	—	$55,380	—	—	$43,688	$507,068
Piper Jameson	Former Executive Vice President and Chief Marketing Officer	$223,923	—	$105,226	—	—	$22,168	$351,317

Executive changes

Person	Role	Change	Effective	Filed
Todd Hitchcock	Chief Operating Officer	Appointed	2025-03-31	2025-03-31
Christine Kline	Interim Chief Financial Officer	Resigned	2025-03-17	2025-03-17
Bruce Schuman	Chief Financial Officer	Appointed	2025-03-17	2025-03-17
Christine Kline	Interim Chief Financial Officer	Appointed	2024-10-11	2024-09-10
Troy Anderson	Executive Vice President and Chief Financial Officer	Resigned	2024-10-11	2024-09-10

Key facts CIK 1261654 CUSIP 913915104 13F (30d) 78 filings 78 filers Visit website Investor relations