CHGG

Chegg Announces Appointment of Nathan Schultz as Chief Executive Officer

Retrieved on: 
Monday, April 29, 2024
Other Education, Technology, Training, Artificial Intelligence, Education, Executive, Learning, Rosenzweig, CHGG, AI, Stevens Institute of Technology, Partnership, Growth, Elon University, Jones & Bartlett Learning, Multimedia, Mathematics, Student, Management

Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Nathan Schultz as President and Chief Executive Officer, effective June 1.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Nathan Schultz as President and Chief Executive Officer, effective June 1.
  • Schultz will succeed Dan Rosensweig, who will step up to the role of Executive Chairman after 14 years as CEO.
  • View the full release here: https://www.businesswire.com/news/home/20240429522177/en/
    Dan Rosensweig was appointed Executive Chairman after 14 years as CEO of Chegg.
  • “As the company embraces AI and embarks on its next big growth opportunity, this is the right time for Nathan to lead Chegg into the AI era.”
    As Rosensweig transitions to his new role as Executive Chairman, Nathan Schultz will also assume a seat on the Chegg Board.

Chegg Reports 2024 First Quarter Earnings

Retrieved on: 
Monday, April 29, 2024
Education, Technology, Software, Artificial Intelligence, Internet, University, Training, Lead, CFO, Total, Executive, Textbook, Investment, Learning, CHGG, Q&A, AI, Business operations, Dream, Security (finance), Conference, Disclosure, Regulation Fair Disclosure, IPO, Acquisition, Event, Regulation, COVID-19, Share repurchase, Adjustment, Business model, Student, GAAP, Growth, Tutoring

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended March 31, 2024.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three months ended March 31, 2024.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • Thank you, Tracey, and welcome everyone to Chegg’s Q1 2024 earnings call.
  • Today, I will present our financial performance for the first quarter of 2024, as well as our outlook for Q2.

Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08

Retrieved on: 
Wednesday, April 17, 2024
Education, Technology, Software, Other Education, Artificial Intelligence, Continuing, Training, Compensated emancipation, RSU, New York Stock Exchange, CHGG, Employment

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on April 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on April 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan.
  • Deena Bahri, Chegg’s newly hired Chief Marketing Officer, received an award of restricted stock units (“RSUs”) representing 314,685 shares of Chegg common stock in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08.
  • The RSU award will vest with respect to the first 50% of the shares underlying the award after 12 months of Ms. Bahri’s continuous service, and the remaining underlying shares will vest in equal quarterly installments for four quarters, after the completion of each full quarter of continuous service thereafter.
  • Three additional newly hired employees received, in the aggregate, RSU awards representing 6,671 shares of Chegg common stock, in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08.

Chegg Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More Information

Retrieved on: 
Friday, March 15, 2024
SAN, News, LLP, Student, Complaint, CHGG

If you have continuously owned Chegg, Inc. shares since before May 5, 2020, you have certain legal rights as a shareholder.

Key Points: 
  • If you have continuously owned Chegg, Inc. shares since before May 5, 2020, you have certain legal rights as a shareholder.
  • These defendants also allegedly promoted Chegg’s Expert Q&A feature, which allowed subscribers to ask a pool of purported expert for solutions to homework questions.
  • On November 1, 2021, shortly after the majority of college students returned to campus to attend classes, the Company reported a 10% decline in subscribers.
  • On this news, Chegg’s stock price declined nearly 50%, from $62.76 per share on November 1, 2021, to $32.12 per share on November 2, 2021.

Chegg to Announce First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 4, 2024
Apps, Applications, Technology, Software, Internet, Continuing, Training, University, Data Management, Education, Artificial Intelligence, Event, Artificial intelligence, Learning, CHGG

Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the first quarter of 2024, which ended March 31, 2024, on Monday, April 29, 2024, after the market close.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the first quarter of 2024, which ended March 31, 2024, on Monday, April 29, 2024, after the market close.
  • Chegg will host a conference call to discuss the first quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day.
  • A live webcast of the call will also be available at https://investor.chegg.com under the Events & Presentations menu.
  • Chegg is a publicly held company and trades on the NYSE under the symbol CHGG.

Chegg Appoints Deena Bahri as Chief Marketing Officer

Retrieved on: 
Wednesday, March 27, 2024
Software, Internet, Artificial Intelligence, Continuing, Technology, University, Education, Training, Adweek, Swarthmore College, Learning, Business administration, Triple accreditation, Harvard Business School, Textbook, Student, Woman, CHGG, Birchbox, Retirement, CMO, Multimedia, Management

Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Deena Bahri as Chief Marketing Officer, effective March 27, 2024.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of Deena Bahri as Chief Marketing Officer, effective March 27, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240326056340/en/
    During her 20-year career, Ms. Bahri has held key marketing positions at innovative tech-driven brands including Birchbox, Gilt Groupe, and Reebok.
  • She was most recently Chief Marketing Officer of leading current culture marketplace StockX, where she led the global marketing and merchandising teams.
  • Ms. Bahri will drive Chegg’s brand and user growth strategy as it delivers on its mission to empower learners worldwide through AI-powered personalized learning.

Chegg Reports New Hire Equity Grant Under NYSE Rule 303A.08

Retrieved on: 
Thursday, March 14, 2024
Education, Technology, Software, Other Education, Artificial Intelligence, Continuing, Training, Employment, New York Stock Exchange, Compensated emancipation, CHGG

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on March 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on March 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan.
  • Twenty-one newly hired employees received, in the aggregate, awards of restricted stock units (“RSUs”) representing 80,771 shares of Chegg common stock, in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08.
  • The RSUs will vest with respect to the first 33 1/3% of the shares underlying each award after 12 months of each respective employee’s continuous service, and the remaining underlying shares will vest in equal quarterly installments for 24 months, after the completion of each full quarter of continuous service thereafter.

Chegg Announces 2nd Annual Global Student Mental Health Week Amid Growing Loneliness Epidemic

Retrieved on: 
Tuesday, February 13, 2024
Mental Health, Technology, Software, Internet, Continuing, Training, University, Health, Education, Artificial Intelligence, Social isolation, Collection, Anxiety, Mental health, Caregiver, Student, Multimedia, NAMI, Friends, Dream, The Jed Foundation, Sleep, Loneliness, JED, Digital, World Health Organization, Mental, Mental disorder, Ontario Undergraduate Student Alliance, Ad Council, Instituto Ayrton Senna, Relaxation, City, History, Refugee, Organization, Happiness, Heart, CHGG, Varkey Foundation, Awkward, Meditation, Born This Way Foundation, Council, National Alliance, Active Minds, Partnership, Nursing

Chegg, Inc. (NYSE: CHGG), today announced that it has partnered with esteemed non-profits and organizations from around the world for Global Student Mental Health Week 2024, taking place from February 26 to March 3.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), today announced that it has partnered with esteemed non-profits and organizations from around the world for Global Student Mental Health Week 2024, taking place from February 26 to March 3.
  • In its second year, Student Mental Health Week will have a special focus on tackling student loneliness.
  • The World Health Organization has deemed social isolation an issue and a global health priority , and warned of the impact of loneliness on well-being.
  • Student Mental Health Week will encompass a variety of in-person and digital events, involving students to inform debate and help educate policymakers, educational institutions, and communities on the mental health challenges students face.

Chegg Appoints David Longo as Chief Financial Officer

Retrieved on: 
Monday, February 5, 2024
Technology, Security, Software, Other Education, Internet, University, Primary, Secondary, Data Management, Education, Business administration, Multimedia, Growth, CBS, CFO, Retirement, CPA, Boston University, Paramount Streaming, CHGG, Student, Controller, Rosenzweig, Management

Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of David Longo as Chief Financial Officer, effective February 21.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced the appointment of David Longo as Chief Financial Officer, effective February 21.
  • View the full release here: https://www.businesswire.com/news/home/20240205778383/en/
    Mr. Longo currently serves as Vice President, Chief Accounting Officer, Corporate Controller, and Assistant Treasurer at Chegg.
  • He will succeed Andrew Brown, who announced his retirement in the fall of last year, after more than 12 years at Chegg.
  • We are deeply grateful for his financial stewardship over the years and wish him all the best in his retirement.”
    Prior to joining Chegg in December 2021, Mr. Longo served as Chief Accounting Officer for Shutterfly, Inc., a digital retailer and manufacturer of personalized products and services.

Chegg Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, February 5, 2024
Software, Internet, Artificial Intelligence, Continuing, Technology, University, Education, Training, Business model, Security (finance), Growth, Net income, CFO, GAAP, Share repurchase, History, AI, Regulation, Disclosure, Adjustment, Workforce, Investment, Artificial intelligence, Hand, Event, Regulation Fair Disclosure, Total, Mouth, Learning, CHGG, Culture, Algorithm, Student, Textbook, ASR, Conference, Music

Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2023.

Key Points: 
  • Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2023.
  • Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings.
  • While early, our packaging, pricing, and product strategy are yielding encouraging results for both students and our business.
  • Today, I will discuss our financial performance for the fourth quarter and full year 2023, as well as our outlook for the first quarter of 2024.