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 and Seungho Choi ()
Additional contact information
Chaewon Kim: Department of Chemistry and Nanoscience, Ewha Womans University, Seoul 03760, Republic of Korea
Dakyung Jung: Department of Korean Language and Literature, Ewha Womans University, Seoul 03760, Republic of Korea
Jiwon Sung: Department of International Office Administration, Ewha Womans University, Seoul 03760, Republic of Korea
Young Hae Hwang: Department of Life Science, Ewha Womans University, Seoul 03760, Republic of Korea
Seungho Choi: Ewha School of Business, Ewha Womans University, Seoul 03760, Republic of Korea

Administrative Sciences, 2024, vol. 14, issue 6, 1-17

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; Chegg (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2076-3387/14/6/130/pdf (application/pdf)
https://www.mdpi.com/2076-3387/14/6/130/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jadmsc:v:14:y:2024:i:6:p:130-:d:1418150

Access Statistics for this article

Administrative Sciences is currently edited by Ms. Nancy Ma

More articles in Administrative Sciences from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().