Chegg CEO Dan Rosensweig's 2018 pay rises 13% to $9.1M
Chegg reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Chegg reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, seven Chegg executives received on average a compensation package of $3.8M, a 11% increase compared to previous year.
Average pay of disclosed executives at Chegg
Dan Rosensweig, Chief Executive Officer, received $9.1M in total, which increased by 13% compared to 2017. 89% of Rosensweig's compensation, or $8.1M, was in stock awards. Rosensweig also received $987K in salary and $5.9K in other compensation.
For fiscal year 2018, the median employee pay was $71,982 at Chegg. Therefore, the ratio of Dan Rosensweig's pay to the median employee pay was 127 to one.
Andrew Brown, Chief Financial Officer, received a compensation package of $3.8M, which increased by 16% compared to previous year. 85% of the compensation package, or $3.2M, was in stock awards.
Nathan Schultz, President of Learning Services, earned $3.1M in 2018, a 17% increase compared to previous year.
Michael Osier, Chief Information Officer and Chief Outcomes Officer, received $3.1M in 2018, which increases by 17% compared to 2017.
Esther Lem, Chief Marketing Officer, earned $2.5M in 2018, a 16% increase compared to previous year.
Jenny Brandemuehl, Chief People Officer, received $2.5M in 2018, which increases by 17% compared to 2017.
John Fillmore, President of Chegg Skills, earned $2.1M in 2018.
Related executives
Dan Rosensweig
Chegg
Chief Executive Officer
Andrew Brown
Chegg
Chief Financial Officer
Nathan Schultz
Chegg
President of Learning Services
Michael Osier
Chegg
Chief Information Officer and Chief Outcomes Officer
Esther Lem
Chegg
Chief Marketing Officer
Jenny Brandemuehl
Chegg
Chief People Officer
John Fillmore
Chegg
President of Chegg Skills
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Source: SEC filing on April 26, 2019.