Chegg CEO Dan Rosensweig's 2021 pay jumps 102% to $21M

Chegg reports 2021 executive compensation

By ExecPay News

Published: April 14, 2022

Chegg reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five Chegg executives received on average a compensation package of $12M, a 111% increase compared to previous year.
Average pay of disclosed executives at Chegg
Dan Rosensweig, Chief Executive Officer, received $21M in total, which increased by 102% compared to 2020. 95% of Rosensweig's compensation, or $20M, was in stock awards. Rosensweig also received $1M in salary and $6.1K in other compensation.
For fiscal year 2021, the median employee pay was $62,035 at Chegg. Therefore, the ratio of Dan Rosensweig's pay to the median employee pay was 339 to one.
Andrew Brown, Chief Financial Officer, received a compensation package of $11M, which increased by 114% compared to previous year. 93% of the compensation package, or $10M, was in stock awards.
Nathan Schultz, President of Learning Services, earned $11M in 2021, a 114% increase compared to previous year.
John Fillmore, President of Chegg Skills, received $8.7M in 2021, which increases by 143% compared to 2020.
Esther Lem, Chief Marketing Officer, earned $7M in 2021, a 98% increase compared to previous year.

Related executives

Dan Rosensweig

Chegg

Chief Executive Officer

Andrew Brown

Chegg

Chief Financial Officer

Nathan Schultz

Chegg

President of Learning Services

John Fillmore

Chegg

President of Chegg Skills

Esther Lem

Chegg

Chief Marketing Officer

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Source: SEC filing on April 14, 2022.