Chegg 2014 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 2014 Chegg annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 133

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133

15
Name of Director Age Principal Occupation Director Since
Class III Directors - Terms Expiring 2016:
Jeffrey Housenbold(1) . . . . . . . . . . . . . . . . . . . . 45 President and Chief Executive Officer of Shutterfly May 2013
John York(2)(3) . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Chief Executive Officer of the San Francisco 49ers June 2013
Class I Directors - Terms Expiring 2017:
Barry McCarthy(2) . . . . . . . . . . . . . . . . . . . . . . . 61 Entrepreneur March 2010
Dan Rosensweig . . . . . . . . . . . . . . . . . . . . . . . . 53 President and Chief Executive Officer of Chegg March 2010
Ted Schlein (1)(3). . . . . . . . . . . . . . . . . . . . . . . . . 51 General Partner of Kleiner Perkins Caufield & Byers December 2008
(1) Member of the compensation committee
(2) Member of the audit committee
(3) Member of the nominating and corporate governance committee
Barry McCarthy has served on our board of directors since March 2010. From March 2011 to November 2011,
Mr. McCarthy was a Venture Partner at Technology Crossover Ventures, a venture capital firm that focuses on information
technology. From November 2011 to present Mr. McCarthy has served as an Executive Adviser to Technology Crossover
Ventures. From February 2011 to June 2013, Mr. McCarthy served on the board of directors of Pandora. From April 1999 to
December 2010, Mr. McCarthy served as the Chief Financial Officer of Netflix, an online video rental and streaming service.
Prior to serving at Netflix, Mr. McCarthy served in senior executive positions at Music Choice, BMP Partners and Credit Suisse
First Boston. Mr. McCarthy currently serves on the boards of directors of several privately held companies. Mr. McCarthy
holds a B.A. in history from Williams College and an M.B.A. from The Wharton School of Business at the University of
Pennsylvania. We believe that Mr. McCarthy should continue to serve on our board of directors due to his extensive
background in consumer technology companies and his financial expertise through his service as a chief financial officer.
Dan Rosensweig has served as our President and Chief Executive Officer since February 2010 and as the Chairman of
our board of directors since March 2010. From March 2009 to February 2010, Mr. Rosensweig served as President and Chief
Executive Officer of RedOctane, a business unit of Activision Publishing and developer, publisher and distributor of Guitar
Hero. From August 2007 to March 2009, Mr. Rosensweig was an Operating Principal at the Quadrangle Group, a private
investment firm. From April 2002 to April 2007, Mr. Rosensweig served as Chief Operating Officer of Yahoo!, an Internet
content and service provider. Prior to serving at Yahoo!, Mr. Rosensweig served as the President of CNET Networks and prior
to that as Chief Executive Officer and President of ZDNet, until it was acquired by CNET Networks. Mr. Rosensweig also
currently serves on the board of directors of Adobe Systems. Mr. Rosensweig holds a B.A. in political science from Hobart and
William Smith Colleges. We believe that Mr. Rosensweig should continue to serve on our board of directors due to the
perspective and experience he brings as our Chief Executive Officer and his extensive experience with high-growth consumer
Internet and media companies.
Ted Schlein has served on our board of directors since December 2008. Mr. Schlein has served as a General Partner of
Kleiner Perkins Caufield & Byers, a venture capital firm, since November 1996. From 1986 to 1996, Mr. Schlein served in
various executive positions at Symantec, a provider of Internet security technology and business management technology
solutions, including as Vice President of Enterprise Products. Mr. Schlein served on the board of directors of ArcSight, which
was acquired by Hewlett Packard, from 2002 to 2010. Mr. Schlein currently serves on the boards of directors of Jive Software
and a number of privately held companies. Mr. Schlein holds a B.A. in economics from the University of Pennsylvania. We
believe that Mr. Schlein should continue to serve on our board of directors due to his extensive experience working with early-
stage technology companies in the infrastructure markets, including ventures within the network arena.
Jeffrey Housenbold has served on our board of directors since May 2013. Since January 2005, Mr. Housenbold has
served as the President, Chief Executive Officer and a director of Shutterfly, a manufacturer and digital retailer of personalized
products and services. From January 2002 to January 2005, Mr. Housenbold served as Vice President of Business Development
and Internet Marketing at eBay, an online marketplace for the sale of goods and services. Prior to May 2002, Mr. Housenbold
served as the Vice President & General Manager, Business-to-Consumer Group and as the Vice President, Mergers &
Acquisitions of eBay. Mr. Housenbold currently serves on the boards of directors of Shutterfly and Groupon. Mr. Housenbold
holds a B.S. in economics and business administration from Carnegie Mellon University and an M.B.A. from Harvard Business
School. We believe that Mr. Housenbold is qualified to serve on our board of directors due to his more than 20 years of