Coursera Announces Leadership Transition
30 January 2025 - 8:10AM
Business Wire
- Greg Hart appointed CEO and Member of the Board, effective
February 3, 2025
- Jeff Maggioncalda to retire as CEO
Coursera, Inc. (NYSE: COUR) today announced that Jeff
Maggioncalda has decided to retire as President and Chief Executive
Officer, and as a Member of the Board. Greg Hart has been named
President and CEO, and Member of the Board, effective February 3,
2025.
Co-Founder and Chairman of the Board Andrew Ng said, “Greg is an
exceptional and proven leader with over 25 years of experience in
leading technology-driven businesses across multiple industries. At
Amazon, he led the development and launch of Alexa, an early,
innovative and much-loved consumer AI product, and scaled Prime
Video globally. Greg has a track record in creating consumer
demand, driving growth, and improving operational performance at
scale. Following an extensive and thoughtful succession planning
process, the Board is confident that Greg is the right leader to
deliver Coursera’s next chapter of growth and advance our mission
to transform lives through learning.”
Commenting on his appointment, Greg Hart said, “Coursera is a
special company with a profound mission, and I am honored to step
into the role of CEO. Working closely with our global community of
partners, I see tremendous opportunities to deliver even more value
to learners seeking to grow their skills in a rapidly changing job
market, and to companies looking to upskill their workforce to
maintain a competitive advantage. Our foundation is solid, the
demand for learning is nearly limitless, and I look forward to
working closely with the Board and our highly talented team to
drive meaningful innovations, expand access, and accelerate our
growth opportunities.”
Ng added, “On behalf of the Board, I want to thank Jeff for his
significant contributions to Coursera over the past seven years.
Under his leadership, Coursera increased registered learners by
more than 100 million, increased revenue by 10x, completed its IPO,
and became profitable, all while successfully incorporating new
technologies such as Generative AI and navigating the business
through the pandemic. He has fostered a deeply passionate workforce
dedicated to delivering on our mission. His work has helped to
solidify the foundation from which we will continue to build for
the future. Together with Jeff, our Board of Directors planned this
succession to ensure a seamless leadership transition.”
Jeff Maggioncalda said, “It’s been a privilege to lead Coursera
through such an important phase of growth and to empower learners
around the world with knowledge and skills to transform their
lives. I am incredibly proud of what we accomplished together and
confident that Greg will take Coursera to even greater heights. It
has been an honor to be part of an exceptionally talented team at
Coursera, dedicated to serving the world through learning.”
About Greg Hart
Greg brings over 25 years of international technology-driven
leadership, with a strong focus on customer-focused innovation and
operational discipline. At Amazon, where he spent 23 years, Greg
played a pivotal role in scaling businesses globally. He served as
Technical Advisor to founder and CEO Jeff Bezos and was asked to
build and lead the Amazon Alexa/Echo organization, overseeing its
development from inception through its 2014 launch and beyond,
establishing it as a pioneering AI-based consumer product
distributed on over 100 million devices. Greg also led Amazon’s
Prime Video global business, including the company’s foray into
live sports and implementing the live streaming technology on the
platform.
From 2020 to 2023, Greg helped Compass, the largest residential
real estate brokerage in the US, go public and, as Chief Product
Officer, oversaw the completion of the company’s industry-leading
technology platform. He later served as Chief Operating Officer,
driving operational efficiency and positive free cash flow during a
challenging real estate market. He joined the Bose Corporation
Board of Directors in December 2024. Greg holds a Bachelor of Arts
degree from Williams College and is an inventor or co-inventor on
71 US patents.
Disclosure Information
In compliance with disclosure obligations under Regulation FD,
Coursera announces material information to the public through a
variety of means, including filings with the Securities and
Exchange Commission (“SEC”), press releases, company blog posts,
public conference calls, and webcasts, as well as via Coursera’s
investor relations website.
About Coursera
Coursera was launched in 2012 by Andrew Ng and Daphne Koller
with a mission to provide universal access to world-class learning.
It is now one of the largest online learning platforms in the
world, with 162 million registered learners as of September 30,
2024. Coursera partners with over 350 leading universities and
industry leaders to offer a broad catalog of content and
credentials, including courses, Specializations, Professional
Certificates, and degrees. Coursera’s platform innovations enable
instructors to deliver scalable, personalized, and verified
learning experiences to their learners. Institutions worldwide rely
on Coursera to upskill and reskill their employees, citizens, and
students in high-demand fields such as GenAI, data science,
technology, and business. Coursera is a Delaware public benefit
corporation and a B Corp.
Source Code: COUR-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20250129046154/en/
For media: Arunav Sinha, press@coursera.org For investors: Cam
Carey, ir@coursera.org
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