Chegg Boosts CFO David Longo’s Salary and Awards $1 Million Retention Bonuses

Reuters
2025.11.20 21:13
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Chegg Inc. has approved a new compensation agreement for CFO David Longo, effective November 16, 2025. Longo's annual base salary will increase to $750,000, with quarterly retention bonuses of $250,000 each. He will receive an additional $500,000 transaction bonus if terminated involuntarily due to a change in control. Longo is also granted 500,000 restricted stock units and up to 500,000 performance-based restricted stock units. Disclaimer: This AI-generated content is for informational purposes only and not financial advice.