Latest news with #Sarrazin
Yahoo
14-03-2025
- Business
- Yahoo
What's Going On With Udemy Stock Today?
Udemy, Inc. (NASDAQ:UDMY) shares are trading lower on Wednesday following the announcement of leadership changes within the company. Hugo Sarrazin has been appointed as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Sarrazin succeeds Greg Brown, who is stepping down after four years at the helm of Udemy. Brown will remain with the company as a non-executive advisor until the end of the year to facilitate a smooth leadership transition. Sarrazin previously led international product and technology teams at UKG, a Human Capital Management cloud company. Prior to UKG, Sarrazin spent nearly 27 years at McKinsey & Co., where he managed McKinsey's business technology practice in Silicon Valley. Also Read: In addition to the leadership change, Udemy reaffirmed its financial outlook for the first quarter and full year 2025. The company expects first-quarter revenues between $195 million and $199 million ($201.37 million), with adjusted EBITDA ranging from $17 million to $19 million. Full-year revenues for 2025 are projected to be between $787 million and $803 million (street view: $807.20 million), with adjusted EBITDA expected to reach $75 million to $85 million. Price Action: UDMY shares are trading lower by 4.75% to $8.725 at last check Wednesday. Read Next:Photo via Shutterstock. UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article What's Going On With Udemy Stock Today? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Associated Press
12-03-2025
- Business
- Associated Press
Udemy Appoints Hugo Sarrazin as Chief Executive Officer
SAN FRANCISCO--(BUSINESS WIRE)--Mar 12, 2025-- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced the appointment of Hugo Sarrazin as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately. Sarrazin will succeed Greg Brown, who, after four years of leadership at Udemy, will be transitioning to pursue new opportunities. Brown will continue to serve as a non-executive advisor through the end of the year to ensure a smooth transition. Udemy also announced that it is reaffirming its financial outlook provided on February 13, 2025. This press release features multimedia. View the full release here: Udemy Chief Executive Officer Hugo Sarrazin (Photo: Business Wire) Sarrazin is a seasoned technology executive with the proven operational ability to drive both product-driven and inorganic growth. He has deep experience scaling SaaS businesses and leveraging AI to transform organizations and deliver exceptional outcomes. Sarrazin joins Udemy from UKG, a leading global HCM (Human Capital Management) cloud company, where he led international product and technology teams for nearly four years. Under his leadership, UKG delivered solutions in HCM, payroll, and workforce management while integrating several business acquisitions. In his 26-year tenure at McKinsey & Company he guided organizations through complex transformations involving go-to-market and technology strategy, cloud transformation, and M&A. Sarrazin also co-founded McKinsey Digital Labs and McKinsey Design. 'We are excited to welcome Hugo to Udemy,' said Sohaib Abbasi, Independent Chairman of Udemy's Board of Directors. 'With his expertise in strategy, innovation and business transformation, Hugo is uniquely qualified to lead Udemy as we enter a new phase of growth. Hugo has broad leadership experience in scaling and transforming SaaS businesses, driving product-led and inorganic growth. The Udemy team, under Hugo's leadership, is well-positioned to drive growth, improve efficiency and deliver exciting AI-enabled innovations to instructors, learners and businesses. 'I am thrilled to join Udemy at such a pivotal moment,' said Udemy President and Chief Executive Officer Hugo Sarrazin. 'Udemy, with its massive global scale, is poised to lead innovation in the way people learn and develop professional skills. Built on Founder Eren Bali's vision to make learning accessible to everyone, anywhere, Udemy is leading the way in redefining the future of learning and work. By leveraging the power of generative AI and the scale of our global network of instructors, we now have the potential to elevate Udemy's mission to unprecedented levels and to lead the next generation of learning and skills development. I look forward to collaborating with Eren, the rest of the team, and all of Udemy's valued stakeholders, including customers, instructors and partners, to unlock future opportunities and usher Udemy into a period of significant expansion and impact.' Abbasi said, 'I would like to thank Greg for his dedication and commitment to Udemy. Greg has been instrumental in scaling Udemy Business from $100 million to more than $500 million in Annual Recurring Revenue. Thanks to his leadership, we have a strong enterprise business with more than 17,000 customers. We wish him well in his future endeavors.' 'It has been an incredible privilege to lead Udemy and work alongside such a talented and dedicated team,' said Greg Brown. 'I want to sincerely thank all of Udemy's employees, customers, partners and instructors for their passion and commitment to our mission. I am proud of what we have accomplished together, and I am confident that under Hugo's leadership Udemy will continue to thrive and achieve even greater success in the future.' About Hugo Sarrazin With over three decades of experience in strategy, innovation and transformation, Sarrazin was previously President and Chief Product and Technology Officer at UKG, where he led the company's global product and technology teams. Under his leadership, UKG accelerated innovation through cloud migration, strategic M&A, and AI-driven solutions, earning recognition from Fortune and Fast Company as a top innovator in human resources technology. Prior to UKG, Sarrazin was a Senior Partner at McKinsey & Company, where he led global technology and digital initiatives, founded McKinsey Digital Labs, and advised Fortune 500 firms and private equity investors on product scaling, SaaS strategy, and M&A. Additionally, he serves on the board of directors of Spencer Stuart, providing strategic guidance on corporate performance, governance, and cybersecurity. Throughout his career, Sarrazin has championed digital transformation, operational excellence, and customer-centric innovation to drive growth and market leadership. Sarrazin holds a Ph.D. and in Engineering from Stanford University and a B. App. Sc. in Engineering from the University of Ottawa. About Udemy Udemy (Nasdaq: UDMY) transforms lives through learning by ensuring everyone has access to the latest and most relevant skills. Through the Udemy Intelligent Skills Platform and a global community of diverse and knowledgeable instructors, millions of learners gain expertise in a wide range of technical and professional skills — from generative AI to leadership. The Udemy marketplace provides learners with thousands of up-to-date courses in dozens of languages, offering a variety of solutions to achieve their goals. Udemy Business empowers enterprises to offer on-demand learning for all employees, immersive learning for tech teams through Udemy Business Pro, and cohort learning for leaders through Udemy Business Leadership Academy. Udemy Business customers include Fender Ⓡ, Glassdoor, On24, The World Bank and Volkswagen. Udemy is headquartered in San Francisco with hubs in Austin and Denver, USA; Ankara and Istanbul, Türkiye; Dublin, Ireland; Melbourne, Australia; and Chennai, Gurugram, and Mumbai, India. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding Udemy's expectations relating to our first quarter and full year 2025 guidance as well as our market position and potential market opportunities. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption 'Risk Factors' and elsewhere in our publicly available filings with the Securities and Exchange Commission. All information provided in this release is as of the date hereof, and we undertake no duty to update this information unless required by law. Dennis Walsh SOURCE: Udemy Copyright Business Wire 2025. PUB: 03/12/2025 09:15 AM/DISC: 03/12/2025 09:15 AM
Reuters
03-03-2025
- Sport
- Reuters
Sarrazin not haunted by near-fatal crash but still unsure of return
March 3 (Reuters) - French skier Cyprien Sarrazin says he is not experiencing post-traumatic stress after his heavy crash at a World Cup downhill event in December, at least for now, but that he is not yet sure if he will compete again. Sarrazin, 30, was airlifted to hospital after his crash in Bormio, Italy, and underwent surgery to drain a bleed in his brain. He also suffered injuries to his foot and knee, and left intensive care in January. "I came close to death. I remember everything up to 20 metres before the fall. From that moment until five days after the operation, I have no memories," Sarrazin told Monday's French sport daily L'Equipe. "I don't remember how I felt after the fall, or the evacuation ... That's good because I don't have any post-traumatic stress right now," he said, adding: "I'm aware that it could happen to me at any moment." Sarrazin said he was receiving increased psychological support, but was not suffering from anxiety. His double vision was improving day-by-day. "The airbag saved my life. It detected the 16G of the impact," he said. "If it hadn't been for the airbag, it would have been even more dramatic." Sarrazin had his strongest World Cup season last year, securing four wins including a downhill in Bormio, two in Kitzbuehel and a Super-G in Wengen. But he had yet to claim a victory in the 2024-25 season before his crash. Switzerland's Gino Caviezel also suffered a serious crash during the World Cup Super-G in Bormio in December. The venue is due to host the men's alpine skiing events at the 2026 Winter Olympics. "It's too early to say I'll be back. Given the way things are going, I'm not against a comeback," Sarrazin said. "I'm taking it one day at a time, trying to recover 100% from the aftermath before I really ask myself that question. I'm going to start skiing again, but I don't know about competing, but I've still got that fire inside me."
Washington Post
03-03-2025
- Sport
- Washington Post
French skier Cyprien Sarrazin recovering well after head injury, still unsure about racing again
PARIS — French skier Cyprien Sarrazin says he is recovering fast after his head injury in December but remains unsure about whether he will return to competitive skiing. Sarrazin underwent surgery for bleeding near the brain after crashing during preparations for the World Cup downhill in Bormio, Italy. Two months after the crash, Sarrazin told L'Équipe newspaper on Monday he is making progress quicker than expected.
Yahoo
03-03-2025
- Sport
- Yahoo
French skier Cyprien Sarrazin recovering well after head injury, still unsure about racing again
PARIS (AP) — French skier Cyprien Sarrazin says he is recovering fast after his head injury in December but remains unsure about whether he will return to competitive skiing. Sarrazin underwent surgery for bleeding near the brain after crashing during preparations for the World Cup downhill in Bormio, Italy. Two months after the crash, Sarrazin told L'Équipe newspaper on Monday he is making progress quicker than expected. "It's going really well,' said Sarrazin, who enjoyed his best campaign on the World Cup circuit last season with four victories — three downhill and one super-G. 'I made some pretty meteoric improvements at the start and I'm aware that I was close to disaster, so I'm looking at the positives,' he said. 'Above all, I'm taking my time. Progress has been faster than expected. I still have double vision, which bothers me when I look down. But physically I'm getting back into shape.' Sarrazin, who has yet to recover completely from the crash, said he wants to resume skiing but maybe not as a professional racer. 'I feel I've still got that fire in me,' the 30-year-old said. 'But, once again, I'm aware of what I've been through and I want to take my time before announcing anything. Given recent developments, I'm not against a comeback, there's always something that drives me.' ___ AP sports:
