Nathan Schultz
Incoming President and CEO
COO
Other
CEO
Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Chegg, Inc (CHGG) | Former President and Chief Executive Officer The amounts reported in this column represent the aggregate grant date fair value of RSU and PSU awards granted under our 2023 Equity Incentive Plan, as computed in accordance with ASC 718. For fiscal year 2025, the amounts include PSUs granted to Mr. Rosensweig and Mr. Longo that will become vested only if our stock price reaches sustained stock price hurdles of 50%, 75%, 100%, and 125% above our October 28, 2025 stock price. A tranche of the total number of PSUs will become vested only as of a measurement date that is 18 months or 36 months following the grant date, subject to Mr. Rosensweig's or Mr. Longo's service until that date, and only if the volume weighted average closing price per share of stock equals or exceeds the target stock price over a sixty day trading period. If any PSUs have not vested by the end of the term of the award, they will be forfeited and Mr. Rosensweig and Mr. Longo will not realize the value of such PSUs. The PSUs are valued on the probable outcome of the market-condition goals, determined using a Monte Carlo simulation model. For information regarding assumptions, factors and methodologies used in our computations pursuant to Topic 718, see Note 2 to our consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2025. The value of the PSU awards at the grant date assuming that the highest level of performance conditions will be achieved was $3,927,000 for Mr. Rosensweig and $510,000 for Mr. Longo. The amounts in the column represent our contributions to the account under our 401(k) plan for each NEO. For fiscal year 2025, for Mr. Schultz, the amounts further include $1,700,000 paid under his Transition and Separation Agreement under which Mr. Schultz was eligible for separation payments and benefits pursuant to the termination “other than for Cause” provisions of the Chegg, Inc. Severance Plan (the "Severance Plan") that apply when the qualifying termination occurs within two years following adoption of the Severance Plan and is not in connection with a “Change in Control” (all terms as defined in the Severance Plan) and $230,769 paid as a lump sum in connection with the termination of the Chegg, Inc. sabbatical program, under which all employees with more than 10 years of service who had not yet taken a sabbatical received a cash payment equal to the salary they would have earned during their sabbatical period. | $1,000,000 | $4,669,769 |
| 2024 | Chegg, Inc (CHGG) | President and Chief Executive Officer | $958,333 | $4,131,883 |
| 2023 | Chegg, Inc (CHGG) | President and Chief Executive Officer | $900,000 | $7,513,175 |
| 2022 | Chegg, Inc (CHGG) | President and Chief Executive Officer | $821,875 | $6,334,021 |
| 2021 | Chegg, Inc (CHGG) | Chief Operating Officer | $750,000 | $10,754,547 |
| 2020 | Chegg, Inc (CHGG) | Chief Operating Officer | $652,083 | $5,031,931 |
| 2019 | Chegg, Inc (CHGG) | President of Learning Services | $583,333 | $4,338,049 |
| 2018 | Chegg, Inc (CHGG) | President of Learning Services | $491,667 | $3,121,277 |
| 2017 | Chegg, Inc (CHGG) | President of Learning Services | $446,120 | $2,677,173 |
Executive changes
Earnings-call appearances
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Chegg, Inc Q2 FY2025 Earnings Call2025-08-05
Chegg, Inc (CHGG)
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Chegg, Inc Q1 FY2025 Earnings Call2025-05-12
Chegg, Inc (CHGG)
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Chegg, Inc Q4 FY2024 Earnings Call2025-02-24
Chegg, Inc (CHGG)
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Chegg, Inc Q3 FY2024 Earnings Call2024-11-12
Chegg, Inc (CHGG)
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Chegg, Inc Q1 FY2024 Earnings Call2024-08-05
Chegg, Inc (CHGG)
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Chegg, Inc Q2 FY2024 Earnings Call2024-08-05
Chegg, Inc (CHGG)