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Coursera Announces Leadership Transition

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Coursera (NYSE: COUR) announced a leadership transition, with Greg Hart appointed as President, CEO, and Board Member, effective February 3, 2025, succeeding retiring CEO Jeff Maggioncalda. Hart brings over 25 years of technology leadership experience, notably leading Alexa's development and Prime Video's global scaling at Amazon.

Under Maggioncalda's seven-year tenure, Coursera achieved significant milestones: increasing registered learners by over 100 million, growing revenue tenfold, completing its IPO, and achieving profitability. The company successfully integrated Generative AI technologies and navigated through the pandemic period.

The succession follows an extensive planning process by the Board, led by Co-Founder and Chairman Andrew Ng, who expressed confidence in Hart's ability to drive Coursera's next growth phase and advance its mission of transforming lives through learning.

Coursera (NYSE: COUR) ha annunciato un cambiamento nella leadership, con Greg Hart nominato Presidente, CEO e Membro del Consiglio di Amministrazione, a partire dal 3 febbraio 2025, succedendo al CEO in pensione Jeff Maggioncalda. Hart porta con sé oltre 25 anni di esperienza nella leadership tecnologica, avendo guidato in particolare lo sviluppo di Alexa e l'espansione globale di Prime Video presso Amazon.

Sotto la guida di Maggioncalda, durata sette anni, Coursera ha raggiunto traguardi significativi: ha aumentato il numero di studenti registrati di oltre 100 milioni, ha decuplicato le entrate, ha completato la sua IPO e ha raggiunto la redditività. L'azienda ha integrato con successo le tecnologie di intelligenza artificiale generativa e ha affrontato con successo il periodo della pandemia.

La successione segue un ampio processo di pianificazione da parte del Consiglio, guidato dal Co-Fondatore e Presidente Andrew Ng, che ha espresso fiducia nella capacità di Hart di guidare la prossima fase di crescita di Coursera e di promuovere la sua missione di trasformare vite attraverso l'apprendimento.

Coursera (NYSE: COUR) anunció una transición en su liderazgo, con Greg Hart designado como Presidente, CEO y Miembro de la Junta, efectivop a partir del 3 de febrero de 2025, sucediendo al CEO saliente Jeff Maggioncalda. Hart aporta más de 25 años de experiencia en liderazgo tecnológico, destacándose en el desarrollo de Alexa y en la expansión global de Prime Video en Amazon.

Bajo el mandato de siete años de Maggioncalda, Coursera logró hitos significativos: aumentó el número de estudiantes registrados en más de 100 millones, incrementó sus ingresos diez veces, completó su IPO y alcanzó la rentabilidad. La compañía integró con éxito tecnologías de Inteligencia Artificial Generativa y navegó con éxito durante el periodo de pandemia.

La sucesión sigue a un extenso proceso de planificación liderado por el Co-Fundador y Presidente Andrew Ng, quien expresó confianza en la capacidad de Hart para impulsar la próxima fase de crecimiento de Coursera y avanzar en su misión de transformar vidas a través del aprendizaje.

코세라 (NYSE: COUR)그렉 하트를 2025년 2월 3일부로 사장, CEO 및 이사회 멤버로 임명하며 리더십 전환을 발표했습니다. 그는 퇴직하는 CEO 제프 마기온칼다를 대신합니다. 하트는 아마존에서 알렉사 개발 및 프라임 비디오의 글로벌 확장을 주도하는 등 25년 이상의 기술 리더십 경험을 보유하고 있습니다.

마기온칼다의 7년 임기 동안 코세라는 1억 명 이상의 등록 학습자를 늘리고, 수익을 10배 증가시키며, IPO를 완료하고, 수익성을 달성하는 등 중요한 이정표를 세웠습니다. 이 회사는 생성적 AI 기술을 성공적으로 통합하고 팬데믹 기간을 잘 헤쳐 나갔습니다.

후계자는 공동 창립자이자 의장인 앤드류 응이 이끄는 이사회의 광범위한 계획 과정을 따릅니다. 그는 하트가 코세라의 다음 성장 단계를 이끌고 학습을 통해 삶을 변화시키는 미션을 진전시킬 수 있는 능력에 대한 확신을 표현했습니다.

Coursera (NYSE: COUR) a annoncé une transition de leadership, avec Greg Hart nommé Président, CEO et Membre du Conseil d'Administration, à compter du 3 février 2025, succédant au CEO sortant Jeff Maggioncalda. Hart apporte plus de 25 ans d'expérience dans le leadership technologique, ayant notamment dirigé le développement d'Alexa et l'expansion mondiale de Prime Video chez Amazon.

Sous le mandat de sept ans de Maggioncalda, Coursera a atteint des étapes importantes : augmentation des apprenants inscrits de plus de 100 millions, multiplication par dix de son chiffre d'affaires, réalisation de son introduction en bourse et atteinte de la rentabilité. L'entreprise a intégré avec succès des technologies d'IA générative et a navigué avec succès pendant la période de pandémie.

La succession fait suite à un vaste processus de planification dirigé par le Co-fondateur et Président Andrew Ng, qui a exprimé sa confiance dans la capacité de Hart à mener la prochaine phase de croissance de Coursera et à faire avancer sa mission de transformer des vies par l'apprentissage.

Coursera (NYSE: COUR) gab eine Führungsänderung bekannt, wobei Greg Hart ab dem 3. Februar 2025 zum Präsidenten, CEO und Vorstandsmitglied ernannt wurde und damit den in den Ruhestand gehenden CEO Jeff Maggioncalda ablöst. Hart bringt über 25 Jahre Erfahrung in der Technologiebranche mit, insbesondere durch die Leitung der Entwicklung von Alexa und das globale Wachstum von Prime Video bei Amazon.

Unter Maggioncaldas siebenjähriger Amtszeit erzielte Coursera bedeutende Meilensteine: die Zahl der registrierten Lernenden stieg um über 100 Millionen, die Einnahmen verzehnfachten sich, das IPO wurde erfolgreich abgeschlossen und die Rentabilität wurde erreicht. Das Unternehmen integrierte erfolgreich generative KI-Technologien und navigierte erfolgreich durch die Pandemiezeit.

Die Nachfolge folgt einem umfangreichen Planungsprozess des Vorstands, der von Mitgründer und Vorsitzendem Andrew Ng geleitet wurde, der Vertrauen in Harts Fähigkeit äußerte, die nächste Wachstumsphase von Coursera voranzutreiben und die Mission, Leben durch Lernen zu transformieren, weiterzuentwickeln.

Positive
  • Achieved profitability under outgoing CEO's leadership
  • 10x revenue growth over past seven years
  • Increased registered learners by over 100 million
  • Successful IPO completion
  • Incoming CEO brings extensive tech leadership experience from Amazon
Negative
  • None.
  • Greg Hart appointed CEO and Member of the Board, effective February 3, 2025
  • Jeff Maggioncalda to retire as CEO

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- 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

For media: Arunav Sinha, press@coursera.org

For investors: Cam Carey, ir@coursera.org

Source: Coursera

FAQ

When will Greg Hart become Coursera's (COUR) new CEO?

Greg Hart will become Coursera's CEO effective February 3, 2025.

What were Coursera's (COUR) key achievements under Jeff Maggioncalda's leadership?

Under Maggioncalda's leadership, Coursera increased registered learners by over 100 million, grew revenue by 10x, completed its IPO, achieved profitability, and successfully integrated Generative AI.

What is Greg Hart's background before joining Coursera (COUR)?

Greg Hart has over 25 years of technology leadership experience, notably at Amazon where he led the development and launch of Alexa and scaled Prime Video globally.

How long did Jeff Maggioncalda serve as Coursera's (COUR) CEO?

Jeff Maggioncalda served as Coursera's CEO for seven years.

What growth metrics did Coursera (COUR) achieve under Maggioncalda's leadership?

Under Maggioncalda's leadership, Coursera increased its revenue by 10x and grew its registered learner base by more than 100 million.

Coursera, Inc.

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