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Grand Canyon Education Executive Compensation (FY25)

LOPE · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 7, 2026Latest filing (8-K): June 10, 2026
14 filings cited on this page
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Grand Canyon Education brief$1,500Get the executive brief
183 figures on this page: 172 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Brian Mueller
Latest say-on-pay support
=
June 10, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brian Mueller: $2,006,779 → $2,020,867 (0.7% higher)
Say-on-pay support: 93.5% → 97.2% (3.7 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Grand Canyon Education's chief executive and what were they paid?
Brian Mueller, Chief Executive Officer and Chairman, received $2,020,867 in total compensation for fiscal 2025. Compared with the $2,006,779 reported for fiscal 2024, Mueller's total was 0.7% higher.
What was Grand Canyon Education's say-on-pay result?
The say-on-pay proposal drew 97.2% of votes cast including abstentions in favor at the meeting held June 10, 2026 for fiscal 2025.
What is Grand Canyon Education's chief executive pay ratio?
The company reported a chief executive pay ratio of 32.5:1 for fiscal 2025, against median employee compensation of $62,115.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Mueller
Chief Executive Officer and Chairman
◇◇◇———◇◇
W. Stan Meyer
Chief Operating Officer
◇—◇—◇—◇◇
Daniel Bachus
Chief Financial Officer
◇—◇—◇—◇◇
Dilek Marsh
Chief Information Officer
◇—◇—◇—◇◇
Kathy Claypatch
Former Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Mueller
Chief Executive Officer and Chairman
◇—◇—◇—◇◇
W. Stan Meyer
Chief Operating Officer
◇—◇—◇—◇◇
Daniel Bachus
Chief Financial Officer
◇—◇—◇—◇◇
Daniel Briggs
Former Orbis Education CEO
Departed during or after this year
◇—◇———◇◇
Dilek Marsh
Chief Information Officer
◇—◇—◇—◇◇
Kathy Claypatch
Former Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Mueller
Chief Executive Officer and Chairman
◇—◇—◇—◇◇
W. Stan Meyer
Chief Operating Officer
◇—◇—◇—◇◇
Daniel Bachus
Chief Financial Officer
◇—◇—◇—◇◇
Dilek Marsh
Chief Information Officer
◇—◇—◇—◇◇
Kathy Claypatch
Former Chief Information Officer
Departed during or after this year
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian E. MuellerRSU◇——◇——◇
Daniel E. BachusRSU◇——◇——◇
Dilek MarshRSU◇——◇——◇
Kathy J. ClaypatchRSU◇——◇——◇
Stan MeyerRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Mr. MuellerRSU◇◇——
RSU◇◇——
Brian MuellerRSU◇◇——
RSU◇◇——
Dilek MarshRSU◇◇——
Mr. BachusRSU◇◇——
Ms. MarshRSU◇◇——
Ms. ClaypatchRSU◇◇——
Daniel BachusRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Brian Mueller
Chief Executive Officer and Chairman · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Daniel Bachus
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Dilek Marsh
Chief Information Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
W. Stan Meyer
Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sara Ward
Lead independent director
◇◇————◇
Jack A. Henry
◇◇————◇
Chevy Humphrey
◇◇————◇
Lisa Graham Keegan
◇◇————◇
Kevin F. Warren
◇◇————◇
Brian E. Mueller served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=◇◇◇
2024June 10, 2025=◇◇◇
2023June 12, 2024=◇◇◇
2022June 20, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 16, 2021=◇◇◇
2019June 11, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2017June 13, 2018=◇◇◇
2016June 14, 2017=◇◇◇
2015June 16, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Grand Canyon Education disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
183 figures on this page: 172 cited to the filing that reported them, 11 calculated from figures it prints.
172 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001104659-26-072325
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-047719
    2025 Director Compensation · 2025 Outstanding Equity Awards at Fiscal Year-End · Compensation Discussion and Analysis · Grants of Plan-Based Awards · and 1 more section
  3. 0001558370-25-008567
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001558370-25-005346
    Summary Compensation Table
  5. 0001558370-24-009197
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001558370-24-005910
    Summary Compensation Table
  7. 0001558370-23-011313
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001558370-22-010019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001558370-21-008396
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001558370-20-007538
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001104659-19-036154
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-18-194509
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-17-203503
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-16-628927
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Grand Canyon Education executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LOPE (accessed 2026).
Short form: data: Velarion

The Grand Canyon Education brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
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14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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