Dan Rosensweig

Chegg Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Monday, February 22, 2021
University, Data management, Education, Technology, Training, Software, Networks, Internet, Mobile, Wireless, Other Education, Continuing, Financial markets, Finance, Stock market, Financial economics, Equity securities, Corporate finance, Online tutoring, Chegg, Stock, Goldman Sachs, Dan Rosensweig, Share

Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the closing of its public offering of 11,274,600 shares of its common stock at a public offering price of $102.00 per share, which includes the exercise in full of the underwriters option to purchase an additional 1,470,600 shares of its common stock.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the closing of its public offering of 11,274,600 shares of its common stock at a public offering price of $102.00 per share, which includes the exercise in full of the underwriters option to purchase an additional 1,470,600 shares of its common stock.
  • Chegg sold 10,974,600 shares of its common stock in the offering and Dan Rosensweig, our President, Chief Executive Officer and Co-Chairperson of the Board, who is the selling stockholder, sold 300,000 shares of common stock in the offering.
  • Chegg did not receive any proceeds from the sale of the shares by the selling stockholder.
  • Morgan Stanley, Goldman Sachs & Co. LLC and Allen & Company LLC acted as joint book-running managers for the offering.

Chegg, Inc. Strengthens Executive Team With Addition of Woodie Dixon Jr. as General Counsel

Retrieved on: 
Tuesday, August 4, 2020
Primary, Secondary, Education, Technology, Other Education, Continuing, Internet, University, Chegg, Online tutoring, Sports in the United States, Woodie Dixon, Dan Rosensweig, Television in the United States, Pac-12 Network, American culture

Chegg, Inc. (NYSE: CHGG) announced today that Mr. Woodie Dixon Jr. will be joining the company as General Counsel effective September 8th, 2020.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG) announced today that Mr. Woodie Dixon Jr. will be joining the company as General Counsel effective September 8th, 2020.
  • In addition to handling all legal affairs and business administration for the Pac-12 and Pac-12 Networks/Enterprises, Dixon coordinated the Pac-12s COVID-19 strategic response.
  • Woodie brings tremendous legal and business operations experience to our team, said Dan Rosensweig, CEO and President of Chegg.
  • Prior to joining the Pac-12, Dixon served as General Counsel for the Kansas City Chiefs from 2004-2010.

Ertz Family Foundation Launches The 2nd Annual 'Catches for the Community' Campaign

Retrieved on: 
Tuesday, September 24, 2019
Zach Ertz, Chegg, Dan Rosensweig, Companies, American football, Publishing

Based on the on-the-field accomplishments of Philadelphia Eagles record-holding tight end,Zach Ertz, the 2nd Annual 'Catches for the Community' is a performance-based crowdfunding campaign benefiting the Ertz Family Foundation's sports, education, and family enrichment focus areas.

Key Points: 
  • Based on the on-the-field accomplishments of Philadelphia Eagles record-holding tight end,Zach Ertz, the 2nd Annual 'Catches for the Community' is a performance-based crowdfunding campaign benefiting the Ertz Family Foundation's sports, education, and family enrichment focus areas.
  • "We are incredibly honored to support Zach, Julie and the Ertz Family Foundation to empower youth by sharing learning through sports and education," saidDan Rosensweig, CEO of Chegg.
  • The Ertz Family Foundation works to empower others by sharing faith, learning through sports and education, and supporting family enrichment programs to build supportive communities.
  • The Ertz Family Foundation is a fiscally-sponsored project at Impact Philanthropy Group, a nonprofit 501c3 organization.

Chegg to Acquire Online Skills-Based Learning Platform Thinkful to Help Students Accelerate their Path from Learning to Earning

Retrieved on: 
Wednesday, September 4, 2019
Chegg, Dan Rosensweig, Companies, Publishing

"With the anticipated addition of Thinkful to our platform, Chegg will continue to expand our offerings and make it easier for students to accelerate their path from learning to earning," said Dan Rosensweig, CEO of Chegg.

Key Points: 
  • "With the anticipated addition of Thinkful to our platform, Chegg will continue to expand our offerings and make it easier for students to accelerate their path from learning to earning," said Dan Rosensweig, CEO of Chegg.
  • "Students are increasingly looking to improve their professional opportunities by learning the most relevant job skills, either while in school or soon after.
  • Adding Thinkful courses to our suite of Chegg Learning Services will enable us to empower students to obtain in-demand, high-quality job skills, for the fastest-growing job categories, with affordable prices.
  • "Becoming part of the Chegg platform will allow us to accelerate course development, lower the cost for students, grow, and increase our reach."

Chegg appoints Dr. Paul J. LeBlanc to Board of Directors

Retrieved on: 
Monday, July 29, 2019
Southern New Hampshire University, Chegg, Dan Rosensweig, Le Blanc, Marlboro College, Education in the United States, States of the United States, Companies

SANTA CLARA, Calif., July 29, 2019 /PRNewswire/ -- Chegg (NYSE: CHGG), the leading student-first connected learning platform, today announced that Dr. Paul J. LeBlanc, President of Southern New Hampshire University ('SNHU'), has joined Chegg's Board of Directors, effective July25, 2019.

Key Points: 
  • SANTA CLARA, Calif., July 29, 2019 /PRNewswire/ -- Chegg (NYSE: CHGG), the leading student-first connected learning platform, today announced that Dr. Paul J. LeBlanc, President of Southern New Hampshire University ('SNHU'), has joined Chegg's Board of Directors, effective July25, 2019.
  • "Paul is one of the most innovative and respected individuals in higher education," said Dan Rosensweig, President and CEO of Chegg.
  • Dr. LeBlanc became President of SNHU in 2003, having previously served as President of Marlboro College in Vermont.
  • "I am delighted to be joining Chegg's Board of Directors, as it is one of the most student-centric and forward-looking companies in the education technology space today," said Dr. LeBlanc.

Chegg appoints Melanie Whelan to Board of Directors

Retrieved on: 
Monday, June 10, 2019
Chegg, Melanie Whelan, Dan Rosensweig, SoulCycle, Businesspeople, Companies, Publishing

SANTA CLARA, Calif., June 10, 2019 /PRNewswire/ -- Chegg (NYSE: CHGG), the leading student-first connected learning platform, today announced that Melanie Whelan, CEO of SoulCycle, has joined Chegg's Board of Directors, effective June5, 2019.

Key Points: 
  • SANTA CLARA, Calif., June 10, 2019 /PRNewswire/ -- Chegg (NYSE: CHGG), the leading student-first connected learning platform, today announced that Melanie Whelan, CEO of SoulCycle, has joined Chegg's Board of Directors, effective June5, 2019.
  • "Melanie has built valuable brands and services that people love," said Dan Rosensweig, President and CEO of Chegg.
  • "Her experience in business operations, international growth, and consumer marketing will be a tremendous asset to Chegg.
  • "I am deeply honored to be joining Chegg's Board of Directors," said Ms. Whelan.

Chegg reveals first of its kind equity plan to help its US employees pay off their student debt

Retrieved on: 
Thursday, June 6, 2019
Chegg, Dan Rosensweig, Companies, Publishing

Under the Equity for Education program, Chegg has created an equity pool from their existing pool of stock which will be used to pay down U.S. employees' educational loans.

Key Points: 
  • Under the Equity for Education program, Chegg has created an equity pool from their existing pool of stock which will be used to pay down U.S. employees' educational loans.
  • We are announcing our Equity for Education plan because we want to encourage other companies to create similar programs for their employees," says Dan Rosensweig, CEO & President of Chegg.
  • "The student debt statistics are daunting, and we believe it's goingto take a village to solve this problem."
  • "These new equity grants are in addition to the $1,000 cash that employees with student debt already receive each year from Chegg," saidJenny Brandemuehl, Chief People Officer of Chegg.

Chegg Recognized as One of the 2019 Best Workplaces in Technology by Great Place to Work® and FORTUNE

Retrieved on: 
Thursday, January 17, 2019
Chegg, Dan Rosensweig, Fortune, Publishing, Mass media, Economy of the United States

SANTA CLARA, Calif., Jan. 17, 2019 /PRNewswire/ -- Chegg Inc. (NYSE: CHGG), a Smarter Way to Student, has been named as one of the 2019 Best Workplaces in Technology by Great Place to Work and FORTUNE.

Key Points: 
  • SANTA CLARA, Calif., Jan. 17, 2019 /PRNewswire/ -- Chegg Inc. (NYSE: CHGG), a Smarter Way to Student, has been named as one of the 2019 Best Workplaces in Technology by Great Place to Work and FORTUNE.
  • "We are honored to be recognized as one of the Best Workplaces in Technology," said Dan Rosensweig, President and CEO of Chegg.
  • "Our company culture is rooted in the team's dedication and passion to helping students, and it's that shared mission that makes Chegg such a great place to work," added Rosensweig.
  • To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com .

Chegg Teams with Sports Stars Philadelphia Eagles Zach Ertz and USA Women's Soccer Julie Ertz

Retrieved on: 
Thursday, November 15, 2018
Julie Ertz, Dan Rosensweig, Chegg, United States women's national soccer team, Publishing, Sports in the United States, Economy of the United States

To date, Ertz has achieved 42 first downs and five touchdowns this season, earning $41,550 from Chegg.

Key Points: 
  • To date, Ertz has achieved 42 first downs and five touchdowns this season, earning $41,550 from Chegg.
  • "Everything we do at Chegg is about putting students and learning first," said Dan Rosensweig, CEO of Chegg.
  • Ertz and his wife Julie Johnston Ertz, a World Champion and starter for the U.S. Women's National Soccer Team, established the Ertz Family Foundation this year.
  • View Chegg CEO Dan Rosensweig's interview with Ertz from the Philadelphia Eagles' studio today: https://youtu.be/h-U90C0lL9g
    Chegg puts students first.

High Anxiety and Stress for America's Students from Economic, Political and Social Pressures, Chegg Study Shows

Retrieved on: 
Tuesday, September 18, 2018
CNET, Dan Rosensweig, Guitar Hero, Chegg, Publishing

They're stressed by work and finance, plus they deal with the additional urgency of fitting in socially," said Dan Rosensweig, president and CEO of Chegg.

Key Points: 
  • They're stressed by work and finance, plus they deal with the additional urgency of fitting in socially," said Dan Rosensweig, president and CEO of Chegg.
  • "That may not seem particularly new, but today's complex economic, political, social and tech-dominated landscape has accentuated the tension and burden students feel."
  • 43 percent of students (and 61 percent of LGBTQ students) have felt "very lonely" at college.
  • 73 percent of Republican students believe the country is going in the right direction, compared to 24 percent of Democratic students.