Chegg CEO Dan Rosensweig's 2019 pay stays at $9.1M
Chegg reports 2019 executive compensation
By ExecPay News
Published: April 16, 2021
Chegg reported fiscal year 2019 executive compensation information on April 16, 2021.
In 2019, six Chegg executives received on average a compensation package of $4.5M, a 18% increase compared to previous year.
Average pay of disclosed executives at Chegg
Dan Rosensweig, Chief Executive Officer, received $9.1M in total, which is about the same as previous year. 89% of Rosensweig's compensation, or $8.1M, was in stock awards. Rosensweig also received $1M in salary and $6.1K in other compensation.
For fiscal year 2019, the median employee pay was $49,000 at Chegg. Therefore, the ratio of Dan Rosensweig's pay to the median employee pay was 186 to one.
Andrew Brown, Chief Financial Officer, received a compensation package of $4.4M, which increased by 13% compared to previous year. 86% of the compensation package, or $3.7M, was in stock awards.
Nathan Schultz, President of Learning Services, earned $4.3M in 2019, a 39% increase compared to previous year.
Michael Osier, Chief Information Officer and Chief Outcomes Officer, received $3.1M in 2019, which is about the same as previous year.
John Fillmore, Chief Business Officer, earned $3.1M in 2019, a 48% increase compared to previous year.
Esther Lem, Chief Marketing Officer, received $2.7M in 2019, which increases by 6% compared to 2018.
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Source: SEC filing on April 16, 2021.