Chegg Promotes Nathan Schultz to COO

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Chegg ($NYSE:CHGG) is a publicly-traded company that provides digital and physical textbook rentals, online tutoring, and other student services. The company has been in operation for over 15 years, and during that time, Nathan Schultz has held various roles. Most recently, he was President of Learning Services, where he oversaw all aspects of learning tools. Now, Schultz has been promoted to Chief Operating Officer , effective immediately.

In this role, he will be responsible for leading Chegg‘s day-to-day operations and executing on the company’s strategic initiatives. Dan Rosensweig, CEO and President of Chegg, said of the promotion: “Nathan has been a transformational leader at our company for many years, and on behalf of myself, his colleagues, and our Board of Directors, we are all delighted he is taking on the role of Chief Operating Officer.” With Schultz at the helm, Chegg is well-positioned to continue its growth and success in the years to come.

Stock Price

In his new role, Schultz will be responsible for leading Chegg‘s day-to-day operations and executing on the company’s long-term strategic vision. “Nathan has been a key member of Chegg‘s leadership team for many years and I am confident that he is the right person to lead our company as we continue to execute on our growth strategy,” said Dan Rosensweig, Chegg‘s CEO. Schultz said, “I am honored to take on this new role at Chegg and am looking forward to working with the entire team to continue executing on our long-term vision.”

VI Analysis

Chegg is a publicly-traded company with a medium risk rating according to the VI app. The company’s fundamentals reflect its long-term potential, but there are 4 risk warnings in the income sheet, balance sheet, cashflow statement, and non-financial aspects. Registering with VI gives access to more detailed information on these risks.

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Chegg Inc is an American education technology company based in Santa Clara, California. The company offers digital and physical textbook rentals, online tutoring, and other student services. Chegg is one of the largest online textbook rental companies in the United States. The company has been criticized for its business model, which has been likened to textbook flipping, and for its environmental impact.

Chegg‘s competitors include: CognaEducacao SA, Perdoceo Education Corp, Wah Fu Education Group Ltd.

– CognaEducacao SA ($OTCPK:COGNY)

Cogna Educacao SA is a publicly traded company with a market capitalization of 1.07 billion as of 2022. The company operates in the education sector and provides educational services and products in Brazil and internationally. The company has a return on equity of 2.54%.

– Perdoceo Education Corp ($NASDAQ:PRDO)

Perdoceo Education Corporation is a provider of higher education operating primarily through its two universities, Colorado Technical University and American InterContinental University. The company offers bachelor’s and master’s degrees in a variety of disciplines, including business, computer science, engineering, nursing, and more. Perdoceo Education Corporation is headquartered in Colorado Springs, Colorado.

– Wah Fu Education Group Ltd ($NASDAQ:WAFU)

Wah Fu Education Group Ltd. is a provider of educational services in Mainland China. The Company operates its business through four segments. The Pre-school Education segment offers educational programs and services for children aged three to six. The K-12 Education segment provides educational programs and services for students aged six to 18. The Adult and Other Education segment offers educational programs and services for adults. The International Education segment provides international education programs and services. The Company operates a number of schools, including Wah Fu Kindergarten, Wah Fu Bilingual School, Wah Fu International School and others.

Summary

Looking to invest in Chegg? Here’s what you need to know. Based in Santa Clara, California, Chegg has helped millions of students save money on textbooks and get better grades. Chegg‘s stock price has been volatile in recent years, but the company is still growing.

The company is expected to continue to grow, especially as it expands its international presence. If you’re considering investing in Chegg, you should do your own research and consult with a financial advisor to see if it’s right for you.