Cengage CEO Michael Hansen Named a Glassdoor Top CEO in 2018
BOSTON—June 20, 2018—Cengage CEO Michael Hansen has won a Glassdoor Employees’ Choice Award honoring the Top CEOs in 2018. Glassdoor, one of the world’s largest job and recruiting sites, released its annual report recognizing the Top CEOs, which highlights the top leaders employees love working for in countries throughout North America and parts of Europe.
Among chief executives recognized by employees in the U.S., Hansen received an impressive 96 percent approval rating based on the anonymous and voluntary reviews Cengage employees shared on Glassdoor throughout the past year.
“I have always maintained that I can only serve effectively with the support of two stakeholders: our shareholders represented by the Board of Directors, and the Cengage employees. I am deeply humbled to receive this award as a sign of support from my colleagues as we continue on our path to create truly affordable access to quality learning for every student,” said Michael Hansen, CEO, Cengage.
“Winning a Glassdoor Top CEO award is a true acknowledgement of exceptional leadership, as it reflects the opinions of the employees who work with a chief executive every day. I congratulate all of this year’s winners on this significant achievement,” said Robert Hohman, Glassdoor co-founder and CEO. “It can be a real recruiting advantage to have a top-rated CEO at the helm of a company who has strong support from his or her employees. The best CEOs are inspiring, trustworthy, innovative and can be great motivators for people to bring their best selves to work.”
Cengage, an education and technology company, serves all levels of education—K20 through adult learning. The company’s 5,000 employees live in and contribute to local communities across the U.S. and around the globe.
Hansen assumed leadership of Cengage in December 2012 and swiftly transitioned the company from a traditional print publisher into a digital education company. In the past year, Hansen has pioneered industry-leading initiatives including Cengage Unlimited, the first-of-its-kind subscription for higher education materials. Commercially available in August 2018, Cengage Unlimited complete access to more than 22,000 digital products across 70 disciplines and 675 courses – for $119.99 per semester or $179.99 a year.
When employees submit reviews about their company on Glassdoor, they are asked to rate various factors about their employment experience, including their overall satisfaction and other workplace attributes like senior management. As part of these ratings, employees are also asked to rate whether they approve, disapprove or are neutral about the job their CEO is doing.
Among the 770,000 companies reviewed on Glassdoor, the average CEO approval rating is 69 percent.
See the complete list of all Top CEOs in 2018: https://www.glassdoor.com/Award/Top-CEOs-LST_KQ0,8.htm.
Glassdoor is one of the largest job and recruiting sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for more than 770,000 companies in more than 190 countries. For labor market trends and analysis, visit Glassdoor Economic Research. For company news and career advice and tips, visit the Glassdoor Blog and for employer-related news and insights to help employers hire, visit the Glassdoor for Employers Blog. Visit Glassdoor.com or download our apps on iOS and Android platforms.
Cengage is the education and technology company built for learners. As the largest US-based provider of teaching and learning materials for higher education, we offer valuable options at affordable price points. Our industry-leading initiatives include Cengage Unlimited, the first-of-its-kind all-access digital subscription service. We embrace innovation to create learning experiences that build confidence and momentum toward the future students want. Headquartered in Boston, Cengage also serves K-12, library and workforce training markets around the world. Visit us at www.cengage.com or find us on Facebook or Twitter.