In 2023, Dan Rosensweig earned $2.95M in total compensation at Chegg, including $1.10M salary and $1.83M in stock. Most recently acquired 281,250 shares in Jun 2024. Currently holds stock worth $13.34M. Has donated $666.15K in stock to charitable causes. Led Chegg as CEO for 13 years.
Compensation History
Annual executive compensation data for Dan Rosensweig, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.95M
Salary
$1.10M
Bonus
$0.00
Other
$13.20K
Salary
$1.10MBoard Justification
The compensation philosophy emphasizes alignment with stockholder interests, focusing on equity-based compensation to incentivize long-term performance and retention.
Bonus
$0.00Board Justification
No annual cash bonuses are provided to executives, including the CEO, as part of the compensation structure.
Other Compensation
$13.20KBoard Justification
Other compensation includes contributions to the 401(k) plan.
Restricted Stock
Board Justification
The RSUs granted in 2023 vest in full on March 12, 2024, conditioned on continued service.
Performance Metrics
The performance metrics for the CEO's compensation include total net revenues, adjusted EBITDA, and free cash flow.
Dan Rosensweig
Ex-CEO of Chegg
Education
Bachelor's degree in Business Administration from the University of California, Berkeley.
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
April 1, 1964 - 61 years ago
CEO of Chegg for
13 years 8 months (Oct 2010 - Jun 2024)
Previous Experience
CEO of Chegg, Inc. since 2010; previously held executive roles at various companies including the COO of the online division of the Washington Post Company.
Other Chegg CEOs
Holdings
Track Dan Rosensweig's stock holdings and portfolio value over time.
Total Stock Sold
$168.64M
$163.84M
4,212,002 CHGG shares
$4.80M
43,300 ADBE shares
What if they kept their stock?
If Dan Rosensweig didn't sell their stock, today they would have:
Extra CHGG4,212,002 shares worth $3.75M and ADBE43,300 shares worth $14.99M.
This is -88.89% and $149.90M less than what they got when they sold the stock.
Charitable Transactions
1,860 shares
ADBE
24,842 shares
CHGG
Recent Charitable Transactions
24,842 shares
CHGG
Nov 19, 2020
Charity
1,860 shares
ADBE
Nov 29, 2013
Charity
Insider Trading
Dan Rosensweig's recent stock transactions, purchases, and sales filed with the SEC.
281,250 shares
CHGG
Jun 1, 2024
Received
115,376 shares
CHGG
Mar 27, 2023
Received
60,688 shares
CHGG
Mar 12, 2023
Received
14,758 shares
RENT
Jul 13, 2022
Received
153,545 shares
CHGG
Mar 28, 2022
Received
49,633 shares
CHGG
Mar 1, 2022
Received
$709.75K
CHGG at $28.39/share
Dec 1, 2021
Purchase
$105.00K
RENT at $21.00/share
Oct 29, 2021
Purchase
193,938 shares
CHGG
Mar 1, 2021
Received
$29.87M
CHGG at $99.55/share
Feb 22, 2021
Sale
Rivals
Compare Dan Rosensweig with competitor CEOs and industry peers.