The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry

Chaewon Kim; Dakyung Jung; Jiwon Sung; Young Hae Hwang; Seungho Choi

doi:10.3390/admsci14060130

The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry

Chaewon Kim, Dakyung Jung, Jiwon Sung, Young Hae Hwang, Seungho Choi

Division of Business Administration

Research output: Contribution to journal › Article › peer-review

Abstract

This study examines the crucial role of chief executive officers (CEOs) in post-acquisition integration, focusing on Chegg, a prominent ed-tech company in a rapidly evolving industry. Analyzing CEO actions post-acquisition through interviews and metrics, we find that a three-year CEO retention period significantly contributes to successful integration at Chegg. This research emphasizes the importance of understanding ideal CEO retention and their strategic actions, offering insights for more successful post-acquisition integration and long-term economic benefits.

Original language	English
Article number	130
Journal	Administrative Sciences
Volume	14
Issue number	6
DOIs	https://doi.org/10.3390/admsci14060130
State	Published - Jun 2024

Bibliographical note

Publisher Copyright:
© 2024 by the authors.

Keywords

acquisition
CEO
Chegg
M&A
PMI
target firm CEO retention
technological acquisition

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abstract = "This study examines the crucial role of chief executive officers (CEOs) in post-acquisition integration, focusing on Chegg, a prominent ed-tech company in a rapidly evolving industry. Analyzing CEO actions post-acquisition through interviews and metrics, we find that a three-year CEO retention period significantly contributes to successful integration at Chegg. This research emphasizes the importance of understanding ideal CEO retention and their strategic actions, offering insights for more successful post-acquisition integration and long-term economic benefits.",

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The Impact of CEO Retention on Post-Merger Integration: Insights from Chegg in the Ed-Tech Industry

Abstract

Bibliographical note

Keywords

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