Skip to main content

Udemy Appoints Sohaib Abbasi as Independent Chair of its Board of Directors

Written by Customer Service on . Posted in Public Companies.

Appointment adds extensive enterprise software experience from a seasoned board chairman and former CEO

Udemy appoints Independent Chair of its Board of Directors

Appointment of Sohaib Abbasi adds extensive enterprise software experience from a seasoned board chairman and former CEO
Appointment of Sohaib Abbasi adds extensive enterprise software experience from a seasoned board chairman and former CEO

SAN FRANCISCO, July 13, 2023 (GLOBE NEWSWIRE) — Udemy (Nasdaq: UDMY), a company dedicated to improving lives through learning, announced that it has appointed Sohaib Abbasi as Independent Chair of its Board of Directors, effective immediately. Abbasi succeeds Jeff Lieberman, who has served as Interim Chair since March 2023. Lieberman will remain on the board as a director. The appointment of an Independent Chair further emphasizes Udemy’s ongoing commitment to strong governance and shareholder interests.

“Sohaib brings more than 30 years of industry and strategic leadership experience to Udemy’s Board,” said Udemy’s President and CEO, Greg Brown. “As a former CEO and current board director of public and private companies, I am confident that we will benefit from Sohaib’s knowledge as we empower organizations and learners with effective skills-based learning solutions. Udemy’s leadership team and our Board of Directors are excited about the future, and we look forward to the guidance of our new chairman as we enter our next stage of growth.”

Abbasi is a seasoned enterprise software industry veteran. He served as the chairman and chief executive officer of Informatica from 2004 to 2015 where he led revenue growth from $200 million to over $1 billion. From 1982 to 2003, Abbasi served in various roles at Oracle Corporation, during which time the company grew from a small startup to a $9 billion multinational industry leader. Abbasi currently serves as Vice Chairman of Elastic Software and as Chairman of Forecast.app, an AI-native project management platform. Abbasi previously served on the boards of several companies, including Red Hat, McAfee, and New Relic. He is a senior advisor at TPG Capital and Balderton Capital. Abbasi holds both a B.S. and M.S. in Computer Science from the University of Illinois at Urbana-Champaign.

Abbasi was named the Chairman of the Year in the American Business Awards in 2010. Glassdoor ratings ranked him one of the five best CEOs to work for in the Enterprise Software industry in 2014.

“I am excited to take on the role of Independent Chair,” said Abbasi. “Udemy is well-positioned with one of the largest marketplaces of learning content serving a dynamic community of instructors, learners, and organizations. Guided by its mission to improve lives through learning, Udemy’s instructors offer a broad range of educational content for learners to achieve their career and personal goals. Additionally, Udemy offers curated, engaging content to help organizations ensure employees develop critical skills needed for innovation and evolving market demands. I look forward to working with Udemy’s team as they advance the online learning category and deliver more value to all its stakeholders.”

About Udemy
Udemy (Nasdaq: UDMY) improves lives through learning by providing flexible, effective skill development to empower organizations and individuals. The Udemy marketplace platform, with thousands of up-to-date courses in dozens of languages, offers the tools learners, instructors and enterprises need to achieve their goals and reach their full potential. Millions of people learn on the Udemy platform from real-world experts in topics ranging from programming and data science to leadership and team building. Udemy Business enables employers to offer on-demand learning for all employees, immersive learning for tech teams and cohort learning for leaders. Udemy Business customers include FenderⓇ, Glassdoor, On24, The World Bank and Volkswagen. Udemy is headquartered in San Francisco with hubs in Ankara and Istanbul, Türkiye; Austin, Texas; Denver, Colorado; Dublin, Ireland; Melbourne, Australia; and New Delhi, India.

Investor Contact:
Dennis Walsh
Vice President, Investor Relations
dennis.walsh@udemy.com  

Media Contact:
Abby Welch
Senior Director, Corporate Communications
press@udemy.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d911d8fb-6a19-4b71-9177-48af7a09984f

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.