Daniel Rosensweig, CEO of Chegg Inc, bought 15,504 shares of Chegg Inc (Stock Symbol: CHGG) at $6.57 per share for a total amount of $101.9 thousand on February 20, 2014.
Chegg Inc is located in Santa Clara, California.
On 02/28/2014, Chegg Inc the leading student-first connected learning platform announced that Chegg management will present at the Raymond James & Associates’ 35th Annual Institutional Investors Conference on March 4th and at the Piper Jaffray Technology, Media & Telecommunications Conference on March 12th, 2014.
On 02/13/2014, Chegg Inc announced its latest yearly results. Chegg Inc. (CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2013.
“2013 was a banner year for Chegg, particularly in digital which grew to more than $52 million or 21% of our total business,” said Dan Rosensweig, chairman and CEO. “It’s been an exciting year of innovation as we rolled out new student-first services that have been incredibly well-received, rewarding us with record revenue, reach, customers and engagement.”
According to Capital IQ, Chegg Inc has a market cap of $552 million, an enterprise value of $400.83 million, and trailing 12 month revenues of $255.57 million.
Chegg, Inc. operates student-first connected learning platform that empowers students to take control of their education to save time, save money and get smarter. The company, through its Student Hub, rents and sells print textbooks; and provides eTextbooks, supplemental materials, homework help, textbook buyback, courses, and college admissions and scholarship services, as well as offers enrollment marketing and brand advertising services. Chegg, Inc. was founded in 2005 and is headquartered in Santa Clara, California.
Daniel Rosensweig’s most recent annual compensation from Chegg Inc is a salary of $490,000, $2,813,150 in other compensation, and a total compensation of $3,303,150. Mr. Rosensweig is 52 years old.
According to his biography, Mr. Daniel L. Rosensweig is Chairman of the Board, President, Chief Executive Officer of Chegg Inc. From March 2009 to February 2010, Mr. Rosensweig served as President and Chief Executive Officer of RedOctane, a business unit of Activision Publishing and developer, publisher and distributor of Guitar Hero. From August 2007 to March 2009, Mr. Rosensweig was an Operating Principal at the Quadrangle Group, a private investment firm. From April 2002 to April 2007, Mr. Rosensweig served as Chief Operating Officer of Yahoo!, an Internet content and service provider. Prior to serving at Yahoo!, Mr. Rosensweig served as the President of CNET Networks and prior to that as Chief Executive Officer and President of ZDNet, until it was acquired by CNET Networks. Mr. Rosensweig also currently serves on the board of directors of Adobe Systems.
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