Coursera, Inc. Announces Leadership Transition

Coursera, Inc. recently disclosed in a Form 8-K filing submitted to the U.S. Securities and Exchange Commission that a significant leadership change is on the horizon. On January 24, 2025, the Board of Directors of Coursera, Inc. appointed Gregory Hart to serve as the company’s President and Chief Executive Officer, as well as a Class III director, effective February 3, 2025. This decision comes as Jeffrey Maggioncalda, the current President and Chief Executive Officer, is set to retire from these roles.

Greg Hart, aged 55, brings a wealth of experience to his new role, having previously served as Chief Operating Officer at Compass, Inc., in addition to holding various leadership positions at Amazon, Inc. over a span of 23 years. In his new position, Hart will receive an initial annual base salary of $590,000 and will be eligible to participate in Coursera’s annual cash bonus program.

As part of his compensation package, Hart will be granted new hire equity awards comprising of restricted stock units, time-based stock options, and performance-based stock options. These awards will vest over a specific period, subject to his continued employment with the company.

In reaction to the transition, Coursera issued a press release on January 29, 2025, confirming the leadership changes. In this statement, the company indicated that Jeff Maggioncalda, who has led Coursera through substantial growth over the past seven years, will be retiring as President and Chief Executive Officer and as a Member of the Board.

Greg Hart expressed his enthusiasm for his new role, emphasizing Coursera’s significant mission and the opportunities ahead to provide enhanced value to learners and companies. Andrew Ng, Co-Founder and Chairman of the Board, expressed gratitude to Jeff Maggioncalda for his contributions to Coursera and highlighted the seamless leadership transition planned by the Board.

Gregory Hart’s appointment is meant to propel Coursera into its next phase of growth and to further its mission of transforming lives through learning. The Board expressed confidence in Hart’s ability to lead the company forward. Coursera has outlined its commitment to providing universal access to world-class learning and has established itself as one of the largest online learning platforms worldwide, boasting 162 million registered learners as of September 30, 2024.

For further details and the full context of the CEO Offer Letter and the related 8-K filing, interested parties are encouraged to refer to the official documentation filed with the Securities and Exchange Commission.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Coursera’s 8K filing here.

Coursera Company Profile

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.