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

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.

Keywords

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