Nerdy Management
Management criteria checks 3/4
Nerdy's CEO is Chuck Cohn, appointed in Jan 2007, has a tenure of 17.33 years. total yearly compensation is $1.00, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.14% of the company’s shares, worth $45.62M. The average tenure of the management team and the board of directors is 1.7 years and 3.1 years respectively.
Key information
Chuck Cohn
Chief executive officer
US$1.0
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 17.3yrs |
| CEO ownership | 10.1% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Nerdy: Pay Attention To Institutional Business And AI-Driven Savings
Apr 12Companies Like Nerdy (NYSE:NRDY) Can Afford To Invest In Growth
Mar 20
Calculating The Intrinsic Value Of Nerdy, Inc. (NYSE:NRDY)
Feb 12Nerdy: A Small-Cap With Impressive YoY Revenue Growth And Record-Breaking Gross Profit Margins
Jan 29Is Now An Opportune Moment To Examine Nerdy, Inc. (NYSE:NRDY)?
Dec 23Take Care Before Jumping Onto Nerdy, Inc. (NYSE:NRDY) Even Though It's 29% Cheaper
Nov 09Nerdy: Staying Bullish On Long-Term Potential
Nov 01Nerdy Stock: Q2 Results Make The Honor Roll
Aug 21Is There An Opportunity With Nerdy, Inc.'s (NYSE:NRDY) 21% Undervaluation?
Jul 30Is It Time To Consider Buying Nerdy, Inc. (NYSE:NRDY)?
Jun 16I Remain Bullish On Nerdy's Unique Position In The Online Learning Market
Jun 06Nerdy: Your Quest For Profit Is Growing In Popularity
Feb 04At US$2.25, Is Nerdy, Inc. (NYSE:NRDY) Worth Looking At Closely?
Dec 31US$4.33: That's What Analysts Think Nerdy, Inc. (NYSE:NRDY) Is Worth After Its Latest Results
Nov 16Is There An Opportunity With Nerdy, Inc.'s (NYSE:NRDY) 28% Undervaluation?
Oct 31Nerdy: Focus On Valuations And New Membership Model
Oct 25Nerdy soars after CEO purchases 5M shares
Aug 23Nerdy reports Q2 results
Aug 15Dialing In On Nerdy
Jul 14Estimating The Fair Value Of Nerdy, Inc. (NYSE:NRDY)
Jun 29Things Look Grim For Nerdy, Inc. (NYSE:NRDY) After Today's Downgrade
May 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1 | US$1 | -US$40m |
| Sep 30 2023 | n/a | n/a | -US$43m |
| Jun 30 2023 | n/a | n/a | -US$49m |
| Mar 31 2023 | n/a | n/a | -US$37m |
| Dec 31 2022 | US$1 | US$1 | -US$35m |
| Sep 30 2022 | n/a | n/a | -US$9m |
| Jun 30 2022 | n/a | n/a | -US$12m |
| Mar 31 2022 | n/a | n/a | -US$15m |
| Dec 31 2021 | US$47m | US$198k | -US$4m |
| Sep 30 2021 | n/a | n/a | -US$46m |
| Jun 30 2021 | n/a | n/a | -US$25m |
| Mar 31 2021 | n/a | n/a | -US$22m |
| Dec 31 2020 | US$273k | US$270k | -US$25m |
Compensation vs Market: Chuck's total compensation ($USD1.00) is below average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
CEO
Chuck Cohn (36 yo)
17.3yrs
Tenure
US$1
Compensation
Mr. Charles Cohn, also known as Chuck, is founded Nerdy, Inc in 2007 and serves as its Chairman, CEO and President. He founded Varsity Tutors LLC in 2007 and serves as its Chief Executive Officer and Chair...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | US$1.00 | 10.14% $ 45.6m | |
| Chief Financial Officer | 3.6yrs | US$3.78m | 1.38% $ 6.2m | |
| Chief Legal Officer & Corporate Secretary | 4.8yrs | US$2.44m | 0.42% $ 1.9m | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Customer Officer | 1.3yrs | no data | no data | |
| Chief Analytics Officer | no data | no data | no data | |
| Chief Audience Officer | 3yrs | no data | no data | |
| Chief Institution Business Officer | 2yrs | no data | no data | |
| Head of Government Relations | less than a year | no data | no data | |
| VP & Controller | 1.1yrs | no data | no data | |
| Associate General Counsel | no data | no data | no data |
1.7yrs
Average Tenure
43yo
Average Age
Experienced Management: NRDY's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | US$1.00 | 10.14% $ 45.6m | |
| Independent Director | 8.9yrs | US$205.00k | no data | |
| Independent Director | 2.7yrs | US$198.00k | 0.19% $ 841.0k | |
| Independent Director | 6.5yrs | US$185.00k | 0% $ 0 | |
| Independent Director | 2.7yrs | US$209.00k | 0.18% $ 796.4k | |
| Independent Director | 1.8yrs | US$189.00k | 0.054% $ 245.2k | |
| Independent Director | 3.5yrs | US$197.50k | 0.098% $ 439.6k |
3.1yrs
Average Tenure
55yo
Average Age
Experienced Board: NRDY's board of directors are considered experienced (3.1 years average tenure).